WASHINGTON MUTUAL, INC 4
4 · WASHINGTON MUTUAL, INC · Filed Sep 12, 2008
Insider Transaction Report
Form 4
Brooks Alfred R
EVP,President Commercial GroupOther
Transactions
- Award
Stock Option (Right to Buy)
2008-09-10+300,000→ 300,000 totalExercise: $2.32Exp: 2015-09-10→ Common Stock (300,000 underlying)
Footnotes (1)
- [F1]Option granted pursuant to the Washington Mutual, Inc. Amended and Restated 2003 Equity Incentive Plan. The stock option grant vests in four equal 25% increments as follows: (i) 25% vests on the first anniversary date of the grant, (ii) 25% vests if the average NYSE-reported closing price of the Company's common stock over 20 consecutive trading days equals or exceeds $10.00 per share, (iii) 25% vests if the average NYSE-reported closing price of the Company's common stock over 20 consecutive trading days equals or exceeds $14.00 per share, and (iv) 25% vests if the average NYSE-reported closing price of the Company's common stock over 20 consecutive trading days equals or exceeds $18.00 per share.