Cranor John M III 4
4 · AFC ENTERPRISES INC · Filed May 25, 2007
Insider Transaction Report
Form 4
Cranor John M III
Director
Transactions
- Award
Stock Unit (Contingent Right to Common Stock)
2007-05-24+2,527→ 2,527 totalFrom: 2007-06-24Exp: 2017-05-24→ Common Stock (2,527 underlying)
Footnotes (2)
- [F1]Units are contingently convertable into common shares of AFCE common stock on a 1:1 basis.
- [F2]Stock units vest at the rate of 1/12th each 24th day of the month beginning on June 24, 2007 and ending on May 24, 2008. Units no longer subject to forfeiture are converted into shares of AFCE common stock on a 1:1 basis at such time as the Director no longer serves on the Board of AFCE.