HANLEY CAROL 4
4 · ARBITRON INC · Filed Mar 4, 2013
Insider Transaction Report
Form 4
ARBITRON INCARB
HANLEY CAROL
EVP Chief Sales & Marketing
Transactions
- Award
Common Stock
2013-02-28+5,388→ 18,476.578 total - Tax Payment
Common Stock
2013-02-28$46.84/sh−459$21,500→ 18,017.578 total
Footnotes (2)
- [F1]On February 28, 2012, the reporting person was granted performance-based restricted stock units, which contain a one-year performance criteria and vest in four equal annual installments commencing on the first anniversary of the date of grant provided that the performance criteria is met. On February 25, 2013, Arbitron Inc. filed its 2012 Form 10-K. On February 26, the Compensation and Human Resources Committee determined that the performance criteria had been met, resulting in one-quarter of the performance-based restricted stock units vesting on February 28, 2013. The award will continue to vest in equal annual installments on February 28, 2014, February 28, 2015, and February 28, 2016, based on continued employment.
- [F2]Includes shares acquired under the issuer's ESPP in transactions that were exempt from reporting on Form 4. Information is as of February 26, 2013.