TREMOR VIDEO INC. 4
4 · TREMOR VIDEO INC. · Filed Jun 2, 2015
Insider Transaction Report
Form 4
SLOAN TODD
Sr. VP, CFO & Treasurer
Transactions
- Award
Restricted Stock Unit
2015-05-29+10,500→ 10,500 total→ Common Stock (10,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- [F2]Grant to the reporting person of a RSU under the issuer's 2013 Equity Incentive Plan (the "2013 Plan"). 25% of the total shares underlying the RSU grant vest on February 13, 2016 and 25% of such shares vest on each one year anniversary thereafter, subject to continued service to the issuer through each vesting date. This RSU grant is subject to accelerated vesting following the closing of a change in control transaction and termination under certain circumstances within a specified period of time following the closing of a change in control transaction. Notwithstanding the foregoing, subject to compliance with the terms and conditions of that certain Transition Agreement by and between the reporting person and the issuer dated March 25, 2015, 25% of the grant will vest on the Separation Date, as defined in such Transition Agreement.