Rae Nancy Ann 4
4 · Chrysler Group LLC · Filed Feb 27, 2012
Insider Transaction Report
Form 4
Rae Nancy Ann
SVP - Human Resources
Transactions
- Award
Restricted Share Units
2012-02-23+25,717→ 25,717 total→ Class A Membership Interests (42.86 underlying)
Footnotes (2)
- [F1]Each restricted share unit ("RSU") represents a unit ("Chrysler Group Unit") equal to 1/600th of the value of a Class A Membership Interest of Chrysler Group LLC (the "Company").
- [F2]The RSUs vest in one third increments over a three year period ending on the third anniversary of the date of grant, and are settled in cash (or for publicly traded shares, in the event of an IPO, at the discretion of the Company's Compensation Committee) as soon as practicable after vesting, but in any case no later than March 15th of the following year.