MASSIMINO JACK 4
4 · CORINTHIAN COLLEGES INC · Filed Nov 19, 2010
Insider Transaction Report
Form 4
MASSIMINO JACK
DirectorChariman and CEO
Transactions
- Award
Common Stock
2010-11-17$4.30/sh+103,199$443,756→ 235,127 total
Footnotes (1)
- [F1]Granted by the Issuer in the form of restricted stock units which vest in three equal annual installments on November 17, 2011, November 17, 2012 and November 17, 2013; provided however, that (1) if the Reporting Person remains as Chairman of the Board of Directors of the Issuer for at least one year after the Award Date and thereafter resigns from such position, any remaining unvested Stock Units subject to the Award shall immediately vest upon the Reporting Person's retirement from the Board, and (2) if a Change in Control Event occurs, any remaining unvested Stock Units subject to the award shall vest upon (or, as necessary to give effect to such acceleration, immediately prior to, such event).