ORD KENNETH S 4
4 · CORINTHIAN COLLEGES INC · Filed Sep 1, 2009
Insider Transaction Report
Form 4
ORD KENNETH S
EVP & CFO
Transactions
- Tax Payment
Common Stock
2009-08-30$19.11/sh−670$12,804→ 48,379 total - Award
Common Stock
2009-08-28+7,979→ 49,049 total - Tax Payment
Common Stock
2009-08-31$19.17/sh−670$12,844→ 47,709 total - Award
Stock Options (right to buy)
2009-08-28+38,907→ 38,907 totalExercise: $19.11Exp: 2016-08-28→ Common Stock (38,907 underlying)
Footnotes (4)
- [F1]Granted by the Issuer in the form of restricted stock units which vest in three annual installments on August 28, 2010, August 28, 2011 and August 28, 2012.
- [F2]Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of 25% of the shares of common stock underlying restricted stock units previously granted by the Issuer on August 30, 2005, with the vesting schedule in four annual installments on August 30, 2006, August 30, 2007, August 30, 2008 and August 30, 2009.
- [F3]Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of 25% of the shares of common stock underlying restricted stock units previously granted by the Issuer on August 31, 2007, with the vesting schedule in four annual installments on August 31, 2008, August 31, 2009, August 31, 2010 and August 31, 2011.
- [F4]This option vests in three equal annual installments on August 28, 2010, August 28, 2011 and August 28, 2012.