Stumme Brent 4
4 · LoopNet, Inc. · Filed Feb 15, 2012
Insider Transaction Report
Form 4
LoopNet, Inc.LOOP
Stumme Brent
CFO and VP, Finance/Admin
Transactions
- Tax Payment
Common Stock
2012-02-13$17.41/sh−2,937$51,133→ 7,500 total
Holdings
- 139,163(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]On February 13, 2009, the Reporting Person acquired 30,000 restricted stock units of the Issuer. On February 13, 2012, 1/4th of the total restricted stock units, or 7,500 restricted stock units, vested. 2,937 restricted stock units were withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of the 7,500 restricted stock units. The amount of restricted stock units withheld is based on the closing price of February 13, 2012.
- [F2]133,022 shares of Common Stock of the Issuer owned directly by the reporting person were re-registered to the name of The Stumme Family Trust.