Schlapbach David 4
4 · Western Union CO · Filed Feb 26, 2010
Insider Transaction Report
Form 4
Schlapbach David
EVP, Gen. Counsel & Sec
Transactions
- Award
Common Stock
2010-02-24+16,667→ 53,414 total - Award
Employee Stock Option (Right to Buy)
2010-02-24+48,574→ 48,574 totalExercise: $16.00Exp: 2020-02-24→ Common Stock (48,574 underlying)
Footnotes (2)
- [F1]Restricted stock unit award which, in general, vests in full on the third anniversary of the date of grant if: (1) the Company achieves not less than $500 million of operating income during the fiscal year ending December 31, 2010, as determined by the Compensation and Benefits Committee of the Company's Board of Directors based on the Company's 2010 annual financial statements; and (2) the executive is employed by the Company on the third anniversary of the date of grant.
- [F2]This option vests in four equal annual installments beginning on February 24, 2011.