Collins Peter F 4
4 · TRUE RELIGION APPAREL INC · Filed Mar 30, 2012
Insider Transaction Report
Form 4
Collins Peter F
Chief Financial Officer
Transactions
- Award
Common Stock
2012-03-28+55,204→ 252,940 total - Tax Payment
Common Stock
2012-03-29$26.46/sh−16,606$439,395→ 236,334 total
Footnotes (2)
- [F1]These shares of restricted stock will vest if certain performance targets for fiscal 2012 are met and certified by the Compensation Committee of the Issuer's board of directors (the "Compensation Committee") and the Reporting Person satisfies applicable service requirements. Subject to meeting the performance targets and certification by the Compensation Committee, these shares will vest two-thirds on the first anniversary of the date of grant and one-third on the second anniversary of the date of grant, provided the Reporting Person is employed by the Issuer on such dates.
- [F2]Reflects the number of shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person in connection with the vesting on March 29, 2012 of 37,174 shares of restricted stock previously granted to the Reporting Person.