Paxton Robert A 4
4 · National American University Holdings, Inc. · Filed Aug 8, 2012
Insider Transaction Report
Form 4
Paxton Robert A
Distance Learning Pres NAU Div
Transactions
- Award
Employee Stock Option (right to buy)
2012-08-06+26,500→ 26,500 totalExercise: $4.60Exp: 2022-08-06→ Common Stock (26,500 underlying) - Award
Restricted Stock Units
2012-08-06+5,800→ 5,800 total→ Common Stock (5,800 underlying) - Award
Restricted Stock Units
2012-08-06+1,336→ 1,336 total→ Common Stock (1,336 underlying)
Footnotes (4)
- [F1]The option vests in three equal annual installments beginning on August 6, 2013.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The restricted stock units vest in full upon the Company achieving planned EBIT through the second quarter of fiscal year ending May 31, 2013.
- [F4]The restricted stock units vest in three equal annual installments beginning August 6, 2013 upon satisfaction of certain performance measures of the issuer for the fiscal year ending May 31, 2013.