National CineMedia, Inc. 4
4 · National CineMedia, Inc. · Filed Feb 26, 2014
Insider Transaction Report
Form 4
Hardy Ralph E
EVP, Gen. Counsel & Secretary
Transactions
- Disposition to Issuer
Common Stock
2014-02-24−5,468→ 111,138 total - Disposition to Issuer
Common Stock
2014-02-24−19,122→ 116,606 total - Tax Payment
Common Stock
2014-02-24$15.60/sh−2,340$36,504→ 108,798 total
Footnotes (3)
- [F1]In a Form 4 filed on January 18, 2011, the reporting person reported the grant of 19,122 shares of restricted stock, which would vest based upon achievement of the actual cumulative Free Cash Flow target at the end of a three-year measuring period. On February 24, 2014, the issuer determined that the performance conditions had not been satisfied and, as a result, the shares were forfeited.
- [F2]In a Form 4 filed on January 17, 2012, the reporting person reported the grant of 31,870 shares of restricted stock, 12,748 of which would vest based upon achievement of specified performance targets at the end of a two-year measuring period. On February 24, 2014, the issuer determined that the performance conditions had been satisfied at 57.1% and, as a result, 5,468 shares were forfeited and 7,280 shares vested pursuant to the terms of the grant.
- [F3]Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.