EverBank Financial Corp 4
4 · EverBank Financial Corp · Filed May 20, 2016
Insider Transaction Report
Form 4
Fischer Steven
Executive Vice President & CFO
Transactions
- Award
Performance Units
2016-05-19+26,520→ 26,520 totalExercise: $0.00→ Common Stock, par vaue $0.01 per share (26,520 underlying)
Footnotes (2)
- [F1]Each performance unit represents a contingent right to receive one share of EVER common stock. The performance units 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, 4420 performance units will vest and convert to shares of common stock if the first performance goal is achieved. On March 29, 2018, 4420 performance units will vest and convert to shares of common stock if the second performance goal is achieved. On March 29, 2019, up to 26520 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.