COLE ALAN D 4
4 · HOOKER FURNITURE CORP · Filed Jan 17, 2013
Insider Transaction Report
Form 4
COLE ALAN D
President
Transactions
- Award
Restricted Stock Units (RSUs)
2013-01-15+4,484→ 9,431 total→ Common Stock (4,484 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of HOFT common stock.
- [F2]The RSUs will vest 100% if the reporting person remains continuously employed with the issuer through January 15 2016 and will be paid as soon as administratively practical thereafter.
- [F3]At the discretion of the isser's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made), or both.