4//SEC Filing
Sadek Zachary F 4
Accession 0001209191-12-023243
CIK 0001045150other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 11:25 AM ET
Size
10.1 KB
Accession
0001209191-12-023243
Insider Transaction Report
Form 4
Sadek Zachary F
Director
Transactions
- Award
Restricted Stock Unit
2012-04-13+9,000→ 9,000 totalFrom: 2013-04-13Exp: 2013-04-13→ Common Stock (9,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive a payment of cash equivalent to the fair market value of a share of OPAY common stock as of the first anniversary of the date of grant, unless the reporting person ceases to be a member of OPAY's board of directors before that date, in which case the reporting person will be entitled to receive a cash payment that is prorated based upon the number of days the reporting person served as a board member during the one year period following the date of grant.
- [F2]Payment will be made to the reporting person within thirty (30) days of the earlier of (i) the date the reporting person ceases to be a member of OPAY's board or directors and (ii) the first anniversary of the date of grant.
Issuer
OFFICIAL PAYMENTS HOLDINGS, INC.
CIK 0001045150
Entity typeother
Related Parties
1- filerCIK 0001460588
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 11:25 AM ET
- Size
- 10.1 KB