Gilbertson David 4
4 · Constant Contact, Inc. · Filed Mar 8, 2013
Insider Transaction Report
Form 4
Gilbertson David
VP, Strategy/Corp. Development
Transactions
- Tax Payment
Restricted Stock Units
2013-03-06−448→ 10,802 total→ Common Stock (448 underlying) - Exercise/Conversion
Common Stock
2013-03-06+490→ 490 total - Exercise/Conversion
Restricted Stock Units
2013-03-06−490→ 10,312 total→ Common Stock (490 underlying) - Sale
Common Stock
2013-03-08$14.17/sh−490$6,945→ 0 total
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]25% of the restricted stock units vested on December 6, 2012, and an additional 6.25% of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be fully vested on December 6, 2015. Vested shares will be delivered to the reporting person within three business days after such shares become vested.
- [F3]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the issuer's common stock.