BTU INTERNATIONAL INC 4
4 · BTU INTERNATIONAL INC · Filed Sep 5, 2014
Insider Transaction Report
Form 4
MCCAFFREY JOHN J JR
Vice President
Transactions
- Award
Restricted Stock Units
2014-09-03+3,500→ 3,500 total→ Common Stock (3,500 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of BTU International common stock.
- [F2]The restricted stock units vest in one installment on the first year anniversary date of the grant. Vested shares will be delivered to the reporting person when they vest, provided the reporting person has continuously served as an Employee of the Company since the date of the award.
- [F3]Price is omitted because the transaction is a grant of a restricted stock units. The closing sale price on the date of the grant was $3.31 per share.