Intrawest Resorts Holdings, Inc. 4
4 · Intrawest Resorts Holdings, Inc. · Filed Jul 2, 2015
Insider Transaction Report
Form 4
Sanford Karen
SVP, Chief GC & Corp Sec
Transactions
- Award
Restricted Stock Units
2015-06-30+25,818→ 25,818 total→ Common Stock (25,818 underlying)
Footnotes (3)
- [F1]The restricted stock units convert into common stock of Intrawest Resorts Holdings, Inc. on a one-for-one basis.
- [F2]Consists of restricted stock units granted under the Intrawest Resorts Holdings, Inc. 2014 Omnibus Incentive Plan. Upon vesting, the reporting person will receive, at the issuer's option, either one share of common stock for each vested restricted stock unit or the amount of cash equal to the fair market value of one share of common stock, valued based on the closing price of the issuer's common stock on the day before the vesting date.
- [F3]33.3% of the restricted stock units will vest on the first and second anniversaries of the date of grant and 33.4% will vest on the third anniversary of the date of grant, subject to the reporting person's continued employment through the specified vesting date.