EverBank Financial Corp 4
4 · EverBank Financial Corp · Filed May 20, 2016
Insider Transaction Report
Form 4
Clements Robert M
DirectorChairman of the Board and CEO
Transactions
- Award
Performance Units
2016-05-19+91,936→ 91,936 totalExercise: $0.00→ Common Stock, par vaue $0.01 per share (91,936 underlying)
Footnotes (2)
- [F1]Each performance unit represents a contingent right to receive one share of EVER common stock. The performance unit will vest upon certain performance targets.
- [F2]The performance units will be settled in shares of EVER common stock upon the achievement of certain performance goals. On March 29, 2017, 15323 performance units will vest and convert to shares of common stock if the first performance goal is achieved. On March 29, 2018, 15323 performance units will vest and convert to shares of common stock if the second performance goal is achieved. On March 29, 2019, up to 91936 performance units may vest and convert to shares of common stock (less the shares that previously vested in 2017 and 2018) if the third performance goal is achieved.