STANGER GREGORY S 4
4 · KAYAK Software Corp · Filed Dec 4, 2012
Insider Transaction Report
Form 4
STANGER GREGORY S
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2012-12-03+1,683→ 6,059 total - Exercise/Conversion
Restricted Sock Units
2012-12-03−1,683→ 5,048 total→ Class A Common Stock (1,683 underlying) - Disposition to Issuer
Class A Common Stock
2012-12-03$40.49/sh−589$23,849→ 5,470 total
Footnotes (2)
- [F1]Each restricted stock unit, once vested due to continued service as a director, represents a contingent right to receive one share of the Issuer's Class A Common Stock. Shares due upon vesting of the restricted stock units will be settled 65% in stock and 35% in cash.
- [F2]5,048 restricted stock units vested as of the grant date and 1,683 restricted stock units vest on each of September 3, 2012, December 3, 2012 and March 3, 2013. An additional 841 restricted stock units vest on each of June 3, 2013, September 3, 2013 and December 3, 2013 and the remaining 842 restricted stock units will vest on March 3, 2014. Vested shares will be delivered to the reporting person promptly following their vesting date.