DIGITALGLOBE, INC. 4
4 · DIGITALGLOBE, INC. · Filed Jun 8, 2016
Insider Transaction Report
Form 4
Comfort Stephanie
SVP, Strategy, Comms and Mktg
Transactions
- Exercise/Conversion
Common Stock
2016-06-06+2,200→ 39,061 total - Exercise/Conversion
Performance Rights
2016-06-06−2,200→ 8,800 totalExp: 2020-02-17→ Common Stock (2,200 underlying)
Footnotes (3)
- [F1]Represents restricted stock units which are scheduled to vest in full on the one year anniversary of the grant date, subject to the Reporting Person's continued employment. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Includes an aggregate of 35,001 shares represented by restricted share units which are scheduled to vest, subject to the Reporting Person's continued employment. Each restricted share unit represents a contingent right to receive one share of the Issuer's common stock.
- [F3]These performance rights were granted on February 17, 2016 and vest at specified percentages upon achieving specified stock price targets (based on a 45-day trailing average stock price) during a four-year measurement period. On June 6, 2016, the Reporting Person was entitled to receive 20% of the target shares subject to these performance rights as a result of the Issuer's common stock achieving the specified stock price. Each performance right represents a contingent right to receive one share of the Issuer's common stock, subject to an additional one-year time-based vesting requirement for any portion of the award that is earned during the first three years of the measurement period.