BLOUNT TERRY 4
4 · ARCTIC CAT INC · Filed Apr 15, 2009
Insider Transaction Report
Form 4
ARCTIC CAT INCACAT
BLOUNT TERRY
VP - Human Resources
Transactions
- Award
Stock-Settled Appreciation Right
2009-04-13+8,250→ 8,250 totalExercise: $4.16Exp: 2014-04-13→ Common Stock (8,250 underlying)
Footnotes (2)
- [F1]This Stock-Settled Appreciation Right represents the right to receive a number of shares of Common Stock equal to the product of (A) the excess of the market price of the Company's Common Stock at exercise over the exercise price times (B) the aggregate number shares covered by the Right.
- [F2]The Right may be exercised after the Company's Common Stock trades at a market price of at least $5.66 per share for any 30 of the preceeding 40 trading days; provided the Right may not be exercised prior to March 31, 2010.