EASTER JAMES R 4
4 · LAYNE CHRISTENSEN CO · Filed May 8, 2013
Insider Transaction Report
Form 4
EASTER JAMES R
Sr. VP-Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2013-05-06+1,716→ 1,716 total→ Common Stock (1,716 underlying) - Award
Employee Stock Option (Right to Buy)
2013-05-06+14,952→ 14,952 totalExercise: $20.40Exp: 2023-05-06→ Common Stock (14,952 underlying)
Footnotes (3)
- [F1]Exercisable 1/3 per year beginning on May 7, 2014.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Layne common stock.
- [F3]The restricted stock units vest on the earlier of (i) the reporting person's retirement after the age of 60 and five years or more of employment with the company, or (ii) May 6, 2018, provided the reporting person remains employed by the company until such date.