Bhansali Parag 4
4 · Lender Processing Services, Inc. · Filed May 19, 2011
Insider Transaction Report
Form 4
Bhansali Parag
SVP, Investor Relations
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-05-18+43,300→ 43,300 totalExercise: $28.36From: 2014-05-18Exp: 2018-05-18→ Common Stock (43,300 underlying) - Award
Common Stock
2011-05-18+25,300→ 71,242 total
Holdings
- 2,146(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Shares of restricted stock granted pursuant to the Lender Processing Services, Inc. 2008 Omnibus Incentive Plan. Subject to the additional requirements in the next sentence, one-third of the aggregate number of shares of restricted stock granted vest on each of the first three anniversaries of the date of grant. In addition, the vesting of the restricted stock is subject to the Company achieving $150 million in market share gain during the period beginning April 1, 2011 and ending December 31, 2013; provided that the performance criteria shall be waived with respect to 1/3 of the shares upon the achievement of $50 million in market share gain during (i) the period beginning April 1, 2011 and ending December 31, 2011, (ii) the period beginning January 1, 2012 and ending December 31, 2012, and/or (iii) the period beginning January 1, 2013 and ending December 31, 2013.
- [F2]Option granted pursuant to the Lender Processing Services, Inc. 2008 Omnibus Incentive Plan. The option vests in three equal annual installments on the first three anniversaries of the date of grant.