Vocus, Inc. 4
4 · Vocus, Inc. · Filed Feb 14, 2014
Insider Transaction Report
Form 4
Vocus, Inc.VOCS
Heys Mark James
Chief Technology Officer
Transactions
- Award
Common Stock
2014-02-12+40,000→ 106,339 total - Award
Common Stock (Performance Restricted Stock Unit)
2014-02-12+80,000→ 80,000 total
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Vocus, Inc. common stock.
- [F2]The vesting of these restricted stock units ("RSU") is tied to the achievement of a performance goal measured at the end of a one year performance period commencing on January 1, 2014. The actual number of shares of Vocus, Inc. common stock into which the RSUs will convert will be calculated by multiplying the target number of RSUs (40,000) by a percentage ranging from 0% to 200% based on the actual level at which the performance goal is attained. If the performance criteria is met, the RSUs will vest 1/3 annually beginning on February 12, 2015.
- [F3]The number of restricted stock units reported represents the maximum number of restricted stock units that can be earned by the reporting person.