WEYL TOM 4
4 · NAVARRE CORP /MN/ · Filed Apr 2, 2012
Insider Transaction Report
Form 4
WEYL TOM
Director
Transactions
- Award
Common Stock
2012-04-01+3,000→ 39,000 total
Footnotes (1)
- [F1]Grant of Restricted Stock in lieu of Director nonqualified stock options preceding mandatory retirement pursuant to the formula terms contained in the Company's Amended and Restated 2004 Stock Plan, as approved by the shareholders. These shares become non-forfeitable and restrictions on transfer lapse at the end of the Director's current term of service, or, if earlier, upon a change of control or retirement approved by the Board.