TCP International Holdings Ltd. 4
4 · TCP International Holdings Ltd. · Filed Oct 21, 2014
Insider Transaction Report
Form 4
Catlett Brian
CFO and Treasurer
Transactions
- Award
Common Shares
2014-09-25+71,429→ 71,429 total - Disposition to Issuer
Common Shares
2014-09-25−71,429→ 0 total→ Common Shares (71,429 underlying)
Footnotes (4)
- [F1]Each restricted share unit ("RSU") represents a contingent right to receive one common share of TCP International Holdings Ltd. As RSUs vest, they are automatically converted to vested common stock on a one-for-one basis.
- [F2]Mr. Catlett received restricted share units representing 71,429 shares subject to the following vesting schedule: one-third (1/3) will vest on each of February 28, 2015, July 31, 2015 and July 31, 2016.
- [F3]The two transactions reported herein relate to a rescission of an outstanding RSU award and the grant of a replacement RSU award.
- [F4]These RSUs were originally subject to the following vesting schedule: one-third was to vest on each of February 28, 2015, July 31, 2015 and July 31, 2016.