LINGARD WILLIAM J 4
4 · URS CORP /NEW/ · Filed Mar 29, 2013
Insider Transaction Report
Form 4
LINGARD WILLIAM J
Pres. Oil & Gas Div, VP
Transactions
- Award
Performance-Based Restricted Stock Units
2013-03-27+12,500→ 12,500 totalExercise: $0.00Exp: 2016-05-01→ Common Stock (12,500 underlying) - Award
Common Stock
2013-03-27+18,750→ 53,750 total
Footnotes (2)
- [F1]Awarded pursuant to the Company's 2008 Equity Incentive Plan. Consists of one restricted stock unit award of 12,500 shares that provides for time-based vesting ratably over three years on May 1, 2014, May 1, 2015, and May 1, 2016, and another restricted stock unit award of 6,250 shares that provides for time-based vesting of one-third on May 1, 2014, and two-thirds on May 1, 2015.
- [F2]The number of shares subject to this award is 12,500 shares (the "target amount"), subject to performance-based vesting, on May 1, 2016. Vesting is conditioned on the satisfaction of performance conditions related to the Company's net income and relative total shareholder return goals. The number of performance-based shares that actually vest can range from 0% to 200% of this target amount.