GRIFFITHS JEFFREY W 4
4 · THQ INC · Filed Sep 14, 2011
Insider Transaction Report
Form 4
THQ INCTHQI
GRIFFITHS JEFFREY W
Director
Transactions
- Exercise/Conversion
Deferred Stock Units
2011-09-12−10,896→ 0 totalFrom: 2011-09-10→ Common (10,896 underlying) - Exercise/Conversion
Common
2011-09-12+10,896→ 46,946 total
Footnotes (1)
- [F1]5,000 Deferred Stock Units (DSUs) were issued on August 10, 2010 pursuant to the THQ Inc. 2006 Long-Term Incentive Plan and 5,896 additional DSUs were also issued on August 10, 2010 pursuant to the participant's election to convert his $24,000 annual cash retainer to DSUs at the rate of $1 cash for $1 grant date fair value in DSUs. The fair value is based upon the closing price of THQ's common stock at the date of grant, which was $4.07. Both grants of DSUs vest 1/12 each month for the 12 months following the date of issuance and are subject to forfeiture. The DSUs will be settled on September 10, 2011, or the first business day thereafter, in shares of common stock on a one-for-one basis, unless the participant has elected to defer receipt of DSUs pursuant to the THQ Inc. Stock Unit Deferred Compensation Plan.