4//SEC Filing
DAKOTA PLAINS HOLDINGS, INC. 4
Accession 0001209191-15-005243
CIK 0001367311operating
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 5:43 PM ET
Size
8.0 KB
Accession
0001209191-15-005243
Insider Transaction Report
Form 4
CLAYPOOL GABRIEL G.
DirectorCEO, PRES and SECRETARY
Transactions
- Tax Payment
Common Stock
2015-01-20$1.65/sh−20,295$33,487→ 729,705 total - Award
Restricted Stock Units
2015-01-15+429,448→ 429,448 total→ Common Stock (429,448 underlying)
Footnotes (3)
- [F1]Shares forfeit to satisfy tax withholding obligations.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. To the extent shares are not available for issuance under the Issuer's 2011 Equity Incentive Plan (the "Plan") as of any vesting date, each restricted stock unit will represent a right to receive cash payment equal to the Fair Market Value of one share of Issuer common stock as of the date of vesting. The number of shares available for issuance will be determined on a pro rata basis among all restricted stock units eligible for vesting on each determination date.
- [F3]If on January 15, 2016, sufficient shares are available for issuance under the Plan to satisfy all restricted stock units eligible for vesting on that date, then the restricted stock units will vest in three substantially equal installments on January 15, 2016, 2017 and 2018. Otherwise, 2/3 of the restricted stock units will vest on January 15, 2016 and the remaining restricted stock units will vest on January 15, 2017.
Documents
Issuer
DAKOTA PLAINS HOLDINGS, INC.
CIK 0001367311
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001367311
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 5:43 PM ET
- Size
- 8.0 KB