SPENDLOVE G SCOTT 4
4 · TESORO CORP /NEW/ · Filed May 9, 2012
Insider Transaction Report
Form 4
SPENDLOVE G SCOTT
SVP, CFO and Treasurer
Transactions
- Tax Payment
Common Stock
2012-05-07$21.74/sh−882$19,175→ 52,403 total
Footnotes (3)
- [F1]The Company's Long-Term Executive Incentive Compensation Plan permits grantees to pay their federal income tax liability with shares, reducing the restricted share grant.
- [F2]Fair Market Value at May 7, 2012 vesting.
- [F3]Balance includes 3,333 shares of restricted stock, 8,012 shares in Company's thrift plan and direct ownership of 41,057 shares.