Constant Contact, Inc. 4
4 · Constant Contact, Inc. · Filed Dec 22, 2015
Insider Transaction Report
Form 4
Surdan Kenneth J
Senior VP, Product
Transactions
- Exercise/Conversion
Common Stock
2015-12-20+282→ 19,147 total - Exercise/Conversion
Restricted Stock Units
2015-12-20−282→ 833 total→ Common Stock (282 underlying) - Tax Payment
Restricted Stock Units
2015-12-20−135→ 1,115 total→ Common Stock (135 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]25% of the restricted stock units vested on June 20, 2013, and an additional 6.25% of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be fully vested on June 20, 2016. Vested shares will be delivered to the reporting person within three business days after such shares become vested.
- [F3]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the issuer's common stock.