DOT HILL SYSTEMS CORP 4
4 · DOT HILL SYSTEMS CORP · Filed Oct 2, 2015
Insider Transaction Report
Form 4
Jamal Hanif I
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2015-09-30$9.73/sh−10,233$99,567→ 267,028 total - Award
Common Stock
2015-09-30+32,000→ 277,261 total - Tax Payment
Common Stock
2015-09-30$9.73/sh−9,409$91,550→ 257,619 total
Footnotes (3)
- [F1]The shares became issuable upon the satisfaction of certain performance conditions under the performance based restricted stock award granted to the reporting person as approved by the Compensation Committee of the Issuer's Board of Directors on March 2, 2015. Such shares vested at 160% of the target number, based on actual performance.
- [F2]The shares were withheld by the Issuer in payment of the reporting person's tax liability incurred upon the vesting of certain performance based restricted stock awards granted to the reporting person as approved by the Compensation Committee of the Issuer's Board of Directors on March 2, 2015.
- [F3]The shares were withheld by the Issuer in payment of the reporting person's tax liability incurred upon the vesting of certain restricted stock awards granted to the reporting person by the Issuer on March 10, 2015.