National American University Holdings, Inc. 4

4 · National American University Holdings, Inc. · Filed Oct 22, 2015

Form 4

Period: 2015-10-20

Distance Learning Pres NAU Div

Transactions

Award
Common Stock
2015-10-20+9,521→ 27,095 total
Award
Restricted Stock Units
2015-10-20+19,500→ 19,500 total
→ Common Stock (19,500 underlying)
Award
Employee Stock Option (right to buy)
2015-10-20+9,521→ 9,521 total
Exercise: $3.06Exp: 2025-10-20→ Common Stock (9,521 underlying)

Footnotes (5)

[F1]The reported transaction involves an award of common stock issued under the National American University Holdings, Inc. 2009 Stock Option and Compensation Plan (the "Plan").
[F2]The common stock was granted under the Plan and therefore the reporting person paid no price for the common stock.
[F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
[F4]The restricted stock units vest upon satisfaction of certain projected performance measures of the Issuer for the fiscal year ending May 31, 2016.
[F5]4,761 options vested immediately upon grant on October 20, 2015 and 4,760 options vest on June 1, 2016, provided that Dr. Robert Paxton continues to serve as an employee of the Company or parent or subsidiary thereof.

Documents

1 file