HANLEY CAROL 4
4 · ARBITRON INC · Filed Mar 1, 2012
Insider Transaction Report
Form 4
ARBITRON INCARB
HANLEY CAROL
EVP Chief Sales & Marketing
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-02-28+14,790→ 14,790 totalExercise: $33.87Exp: 2022-02-28→ Common Stock (14,790 underlying) - Award
Common Stock
2012-02-28+2,701→ 7,407.921 total
Footnotes (3)
- [F1]On February 8, 2011, the reporting person was granted performance-based restricted stock units, which contain a one-year performance criteria and vest in four equal annual installments commencing on the first anniversary of the date of grant provided that the performance criteria is met. On February 24, 2012, Arbitron Inc. filed its 2011 Form 10-K. On February 28, the Compensation and Human Resources Committee determined that the performance criteria had been met, resulting in one-quarter of the performance-based restricted stock units vesting on February 8, 2012. The award will continue to vest in equal annual installments on February 8, 2013, February 8, 2014, and February 8, 2015, based on continued employment.
- [F2]Includes a corrected amount of shares acquired under the issuer's ESPP in transactions that were exempt from reporting on Form 4. Information is as of February 29, 2012.
- [F3]Represents stock options that will vest in three equal installments commencing on the first anniversary of the date of grant.