GeoEye, Inc. 4
4 · GeoEye, Inc. · Filed Feb 4, 2013
Insider Transaction Report
Form 4
GeoEye, Inc.GEOY
CARNS MICHAEL P C
Director
Transactions
- Disposition to Issuer
Deferred Stock Units
2013-01-31−4,654→ 0 total→ Common Stock (4,654 underlying)
Footnotes (3)
- [F1]There is no exercise price to convert the Deferred Stock Units ("DSUs") into stock. Each vested DSU is convertible into common stock on a one DSU to one share basis six months after the director separates from service on the Board.
- [F2]DSUs vest 50% each six months following the date of grant and accelerate at a change-in-control; vested DSUs will be converted into shares of common stock on a one DSU to one share basis after a director's separation from the Board.
- [F3]Vested DSUs have no expiration date. While a director is in service, DSUs vests 50% each six months from the grant date. Once a director separates from service, any unvested DSUs expire. All vested DSUs convert into a shares of common stock, on a one-to-one basis, six months after a director separates from service.