RIIS KENNETH M 4
4 · NEWCASTLE INVESTMENT CORP · Filed Apr 15, 2013
Insider Transaction Report
Form 4
RIIS KENNETH M
DirectorCEO and President
Transactions
- Other
Stock Option (right to buy)
2013-04-11+212,000→ 212,000 totalExercise: $6.22From: 2015-01-01Exp: 2015-12-31→ Common Stock, par value $0.01 (212,000 underlying) - Other
Stock Option (right to buy)
2013-04-11+280,000→ 280,000 totalExercise: $6.70From: 2015-02-01Exp: 2015-12-31→ Common Stock, par value $0.01 (280,000 underlying) - Other
Stock Option (right to buy)
2013-04-11+258,000→ 258,000 totalExercise: $6.71From: 2015-01-01Exp: 2015-12-31→ Common Stock, par value $0.01 (258,000 underlying)
Footnotes (2)
- [F1]The reported stock options were granted by the issuer to Fortress Operating Entity I ("FOE I"), and affiliate of the issuer's manager on March 30, 2012, or May 31, 2013, or July 31, 2013, as applicable, pursuant to the terms of the issuer's Nonqualified Stock Option and Incentive Award Plan. FOE I assigned such options to the reporting person, who assumed the options for no value.
- [F2]The stock options may terminate earlier upon termination of employment, as set forth in the applicable award agreement.