RENTRAK CORP 4
4 · RENTRAK CORP · Filed Jan 15, 2014
Insider Transaction Report
Form 4
RENTRAK CORPRENT
YAZDANI AMIR
Executive Vice President/CIO
Transactions
- Exercise/Conversion
Common Stock
2014-01-13+11,046→ 189,625 total - Tax Payment
Common Stock
2014-01-13$36.63/sh−4,374$160,220→ 185,251 total - Exercise/Conversion
Restricted Stock Units
2014-01-13−11,046→ 33,140 totalExp: 2015-06-15→ Common Stock (11,046 underlying)
Footnotes (2)
- [F1]Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Rentrak common stock. The RSUs will vest, if at all, upon satisfaction of specified performance goals which include trading-price targets for Rentrak's common stock ranging from $25 to $40 per share for 65 consecutive trading days during the period ending June 15, 2015, in addition to certain other specified events. Effective January 13, 2014, 11,046 RSUs vested, consisting of 5,523 RSUs vested based upon satisfaction of each of the $33 and $34 share price targets, respectively.