REIDY BRENDAN F 4
4 · XRS Corp · Filed Mar 13, 2013
Insider Transaction Report
Form 4
XRS CorpXRSC
REIDY BRENDAN F
President and COO
Transactions
- Award
Stock option
2013-03-11+225,000→ 225,000 totalExercise: $1.82From: 2014-03-11Exp: 2023-03-11→ Common stock, $0.01 par value (225,000 underlying) - Award
Restricted stock unit
2013-03-11+75,000→ 75,000 totalFrom: 2014-03-11→ Common stock, $0.01 par value (75,000 underlying)
Footnotes (2)
- [F1]Stock option award pursuant to 2007 Long-term Incentive Plan. Shares under this award become exercisable as follows: 75,000 shares on March 11, 2014, 75,000 shares on March 11, 2015 and 75,000 shares on March 11, 2016.
- [F2]Restricted stock units award pursuant to 2007 Long-term Incentive Plan. Stock units under this award will vest as follows: 25,000 on March 11, 2014, 25,000 on March 11, 2015 and 25,000 on March 11, 2016.