LEGGE MARILOU 4
4 · ARBITRON INC · Filed Mar 1, 2012
Insider Transaction Report
Form 4
ARBITRON INCARB
LEGGE MARILOU
EVP-OE & Corp Communications
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-02-28+11,346→ 11,346 totalExercise: $33.87Exp: 2022-02-28→ Common Stock (11,346 underlying) - Award
Common Stock
2012-02-28+1,821→ 9,614.626 total
Footnotes (2)
- [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]Represents stock options that will vest in three equal installments commencing on the first anniversary of the date of grant.