Howd Thomas C 4
4 · Constant Contact, Inc. · Filed Mar 5, 2012
Insider Transaction Report
Form 4
Howd Thomas C
SVP, Customer Operations
Transactions
- Exercise/Conversion
Common Stock
2012-03-03+194→ 846 total - Tax Payment
Restricted Stock Units
2012-03-03−56→ 2,944 total→ Common Stock (56 underlying) - Exercise/Conversion
Restricted Stock Units
2012-03-03−194→ 2,750 total→ Common Stock (194 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]25% of the restricted stock units vested on December 3, 2011, and an additional 6.25% of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be fully vested on December 3, 2014. Vested shares will be delivered to the reporting person within three business days after such shares become vested.
- [F3]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the issuer's common stock.