National American University Holdings, Inc. 4
4 · National American University Holdings, Inc. · Filed Oct 24, 2016
Insider Transaction Report
Form 4
Paxton Robert A
Distance Learning Pres NAU Div
Transactions
- Award
Restricted Stock Units
2016-10-20+1,500→ 1,500 total→ Common Stock (1,500 underlying) - Award
Employee Stock Option (right to buy)
2016-10-20+1,500→ 1,500 totalExercise: $1.94Exp: 2026-10-20→ Common Stock (1,500 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The restricted stock units vest upon satisfaction of certain projected performance measures of the Issuer for the fiscal year ending May 31, 2017.
- [F3]750 options vested immediately upon grant on October 20, 2016 and 750 options vest on June 1, 2017, provided that Dr. Robert Paxton continues to serve as an employee of the Issuer or parent or subsidiary thereof.