Lapp Diane D 4
4 · NAVARRE CORP /MN/ · Filed Apr 2, 2012
Insider Transaction Report
Form 4
Lapp Diane D
Interim CFO
Transactions
- Exercise/Conversion
Common Stock
2012-03-31+30,000→ 40,315 total - Tax Payment
Common Stock
[F1]2012-03-31$1.80/sh−10,831$19,496→ 29,484 total - Exercise/Conversion
Restricted Stock Unit
[F2]2012-03-31−30,000→ 0 totalExercise: $0.00Exp: 2012-03-31→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Surrender to the Company of shares to cover the minimum statutory tax withholding obligations occasioned by the vesting of Restricted Stock Units.
- [F2]Vesting of Restricted Stock Units granted pursuant to the terms of the Company's Amended and Restated 2004 Stock Plan on June 10, 2011.
Signature
/s/ Diane D. Lapp|2012-04-02