Monotype Imaging Holdings Inc. 4
4 · Monotype Imaging Holdings Inc. · Filed Mar 9, 2016
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2016-03-07+16,577→ 16,577 totalExercise: $0.00→ Common Stock (16,577 underlying) - Award
Common Stock
2016-03-07+24,865→ 47,748 total
Footnotes (2)
- [F1]Shares acquired pursuant to a restricted stock grant where 25% of such shares vest on the first anniversary of the grant date with the remaining shares vesting quarterly over the following three years.
- [F2]Represents contingent right to receive 1 share of Common Stock per RSU. Vesting depends on Company achievement of performance-based targets for the fiscal years ended 12/31/16, 12/31/17 and 12/31/18. Vesting date is the date of filing of the Company's Form 10-K for the associated fiscal year. 1/3 of the total grant is eligible to vest upon attainment of each year's performance targets. If a fiscal year target is not attained, the shares that would have been eligible to vest are forfeited.