Vertro, Inc. 4
4 · Vertro, Inc. · Filed Jul 2, 2009
Insider Transaction Report
Form 4
Vertro, Inc.VTRO
SIMONSON LEE
Director
Transactions
- Tax Payment
Common Stock
2009-07-01$0.19/sh−1,934$367→ 80,258 total - Award
Common Stock
2009-07-01+13,950→ 82,192 total
Footnotes (2)
- [F1]Common stock represents the underlying security of restricted stock units granted to the reporting person, each restricted stock unit representing a contingent right to receive one share of Vertro, Inc. common stock. The restricted stock units vest 50% on the first day of October, 2009 and 50% on the first day of January, 2010.
- [F2]Shares withheld by Vertro, Inc. to satisfy the individual's withholding taxes payable upon vesting of restricted stock units.