Good Martin 4
4 · THQ INC · Filed Jul 20, 2011
Insider Transaction Report
Form 4
THQ INCTHQI
Good Martin
EVP, Kids/Family/ Casual Games
Transactions
- Exercise/Conversion
Common
2011-07-18+3,000→ 14,691 total - Exercise/Conversion
Performance Accelerated Restricted Stock Units
2011-07-18−3,000→ 0 totalFrom: 2011-07-18→ Common (3,000 underlying) - Tax Payment
Common
2011-07-18$3.32/sh−1,101$3,655→ 13,590 total
Footnotes (2)
- [F1]The Performance Accelerated Restricted Stock Units (PARSUs) were granted on July 18, 2006. The PARSUs vest five years after the grant date; however, vesting may be accelerated if certain company-related criteria is met each fiscal year during the term of the PARSUs. In fiscal 2007 and fiscal 2010, the company met its performance criteria and 2,000 PARSUs were accelerated and vested. The PARSUs will be settled one-for-one in shares of common stock upon vesting, unless the participant has elected to defer receipt of PARSUs pursuant to the THQ Inc. Stock Unit Deferred Compensation Plan.
- [F2]Shares withheld for payment of tax liability in connection with the vesting of Performance Accelerated Restricted Stock Units granted on July 18, 2006.