Lubin Michael Graham 4
4 · Front Yard Residential Corp · Filed Jan 3, 2020
Insider Transaction Report
Form 4
Lubin Michael Graham
General Counsel and Secretary
Transactions
- Award
Common Stock
2019-12-31+23,613→ 103,242 total
Footnotes (3)
- [F1]On May 24, 2018, the Company granted 23,613 market-based restricted stock units ("RSUs") to the reporting person, pursuant to which vesting was contingent upon the price of the Company's Common Stock meeting a prescribed performance goal (the "Performance Goal"). On December 31, 2019, the Performance Goal was attained, and the first installment of 7,871 shares vested. The remaining portion of the market-based RSUs vest in equal annual installments on each of the second and third anniversaries of the grant date, subject to acceleration or forfeiture, and upon vesting, settle for shares of Common Stock.
- [F2]Not applicable.
- [F3]Includes an aggregate of 57,163 remaining unvested service-based and market-based RSUs, which, upon vesting, settle for shares of Common Stock, subject to acceleration or forfeiture.