XOOM Corp 4
4 · XOOM Corp · Filed Feb 11, 2015
Insider Transaction Report
Form 4
XOOM CorpXOOM
Ferro Christopher G.
VP & General Counsel
Transactions
- Award
Stock Option (right to buy)
2015-02-09+60,000→ 60,000 totalExercise: $15.71Exp: 2025-02-09→ Common Stock (60,000 underlying) - Award
Performance Based Restricted Stock Unit
2015-02-09+24,300→ 24,300 totalExercise: $0.00→ Common Stock (24,300 underlying)
Footnotes (3)
- [F1]Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]The Reporting Person was awarded performance-based restricted stock units. 33% of the shares will vest on the first anniversary of the January 29, 2015 vesting commencement date ("VCD"); 33% of the shares will vest on the second anniversary of the VCD and 34% of the shares will vest on the third anniversary of the VCD, contingent upon continued services to the Issuer and subject to certain performance-based milestones as stated in the Restricted Stock Unit Award Agreement between the Reporting Person and the Issuer dated February 9, 2015.
- [F3]This stock option vests and becomes exercisable with respect to 1/48th of the shares each month after the vesting commencement date of January 29, 2015, subject to the Optionholder's continuous service to the Issuer on each such date.