HARRIS INTERACTIVE INC 4/A
4/A · HARRIS INTERACTIVE INC · Filed Mar 1, 2012
Insider Transaction Report
Form 4/AAmended
ANGRISANI ALBERT
Interim CEO
Transactions
- Award
Performance Based Employee Stock Options
2011-06-07$0.70/sh+1,650,000$1,155,000→ 1,650,000 totalExercise: $0.70From: 2012-02-29Exp: 2021-06-06→ Common Stock (1,650,000 underlying)
Footnotes (1)
- [F1]Options were granted on June 7, 2011 and were to vest in five separate tranches of 330,000 options, with an initial exercise date of October 1, 2012, if, commencing on or after July 1, 2012, the Company had an average closing price for its stock during a thirty consecutive trading day period (excluding any trading day in which the total trading volume of the stock wass less than 10,000), at or above certain stock price targets, or if certain adjusted EBITDA targets were achieved using any trailing consecutive four fiscal quarters commencing on or after October 1, 2012. The purpose of this amendment is to report that this option award now has an initial exercise date of February 29, 2012 and now vests in ten separate tranches of 165,000 options. Vesting of the options is still tied to achievement of certain stock price and adjusted EBITDA targets.