Pendrell Corp 4
4 · Pendrell Corp · Filed Aug 26, 2015
Insider Transaction Report
Form 4
DOZOIS TIMOTHY M
Acting Corporate Secretary
Transactions
- Exercise/Conversion
Class A Common Stock
2015-08-24+6,250→ 191,000 total - Tax Payment
Class A Common Stock
2015-08-24$1.34/sh−2,272$3,044→ 188,728 total - Exercise/Conversion
Restricted Stock Unit Award
2015-08-24−6,250→ 6,250 totalExercise: $0.00From: 2013-08-24Exp: 2022-08-24→ Common Stock (6,250 underlying)
Footnotes (5)
- [F1]Vested restricted stock units were distributed to the Reporting Person, without payment, in shares of Class A Common Stock on a unit-for-share basis on the vesting date.
- [F2]Shares deemed surrendered by the Reporting Person and withheld by the Issuer in payment of the tax liability resulting from the vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
- [F4]Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
- [F5]25% of the award vests on each of August 24, 2013, August 24, 2014, August 24, 2015 and August 24, 2016.