TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Feb 1, 2016
Insider Transaction Report
Form 4
Lakhia Brad S.
VP & Treasurer
Transactions
- Award
Market Stock Unit Award
2016-01-28+1,297→ 3,271 total→ Common Stock (1,297 underlying)
Footnotes (4)
- [F1]Each market stock unit award represents a contingent right to receive one share of TSO common stock at target payout levels.
- [F2]The market stock unit award will vest on January 28, 2019 and will be settled in stock between 50% and 200% of target payout levels.
- [F3]Balance includes multiple grants with various vesting dates.
- [F4]Award granted by the Compensation Committee of the Board of Directors.