LESAVOY RICHARD 4
4 · UFP TECHNOLOGIES INC · Filed Feb 21, 2013
Insider Transaction Report
Form 4
LESAVOY RICHARD
Vice President
Transactions
- Award
Common Stock, $.01 Par Value
2013-02-18+1,601→ 130,600 total - Tax Payment
Common Stock, $.01 Par Value
2013-02-19$19.97/sh−1,060$21,168→ 129,540 total
Footnotes (1)
- [F1]Represents restricted stock units granted on February 17, 2012, under the issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the issuer's Compensation Committee determined the extent to which the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2014 and with respect to an additional one-third on each of March 1, 2015 and 2016, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.