Black Timothy 4
4 · Great Wolf Resorts, Inc. · Filed Feb 21, 2012
Insider Transaction Report
Form 4
Black Timothy
Executive Vice President
Transactions
- Award
Common Stock
2012-02-18+81,078→ 173,416 total - Disposition to Issuer
Common Stock
2012-02-18$3.59/sh−8,973$32,213→ 164,443 total
Footnotes (2)
- [F1]Reporting person was awarded 81,078 shares of common stock related to an award earned under the issuer's 2004 Incentive Stock Plan. The shares vest as to 1/3 of the total immediately; 1/3 of the total on December 31, 2012; and 1/3 of the total on December 31, 2013. The issuer withheld 8,973 shares as payment of the Reporting Person's income tax withholding in connection with the award amount that vested immediately. Computation of the number of shares withheld for payment of tax was based upon the closing price of issuer's stock on the date of grant.
- [F2]This line is re-reported for the purpose of including footnote (1).