Vertro, Inc. 4
4 · Vertro, Inc. · Filed Jan 5, 2010
Insider Transaction Report
Form 4
Vertro, Inc.VTRO
SIMONSON LEE
Director
Transactions
- Award
Common Stock
2010-01-01+50,000→ 130,883 total - Tax Payment
Common Stock
2010-01-01$0.42/sh−4,375$1,838→ 126,508 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 quarterly on the first day of April, July and October, 2010 and the first day of January, 2011.
- [F2]Shares withheld by Vertro, Inc. to satisfy the individual's withholding taxes payable upon vesting of restricted stock units.