4//SEC Filing
Hardy Jeffery Scott 4
Accession 0001264684-10-000067
CIK 0000828750other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 11:19 AM ET
Size
8.6 KB
Accession
0001264684-10-000067
Insider Transaction Report
Form 4
GSI COMMERCE INCGSIC
Hardy Jeffery Scott
EVP, Business Management
Transactions
- Award
Performance Unit
2010-03-31+5,411→ 5,411 total→ Common Stock (5,411 underlying) - Award
Common Stock
2010-03-31+14,430→ 106,418 total
Footnotes (5)
- [F1]This restricted stock unit award will vest as to 25% of the total number of shares subject to the award on May 10 of 2011, 2012, 2013 and 2014. The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.
- [F2]No monetary consideration was given in connection with this restricted stock award unit.
- [F3]Performance units are not assigned an exercise price.
- [F4]Reported number of Performance Units acquired is based on GSI attaining 100% of the performance target for fiscal years 2011 and 2012. If GSI exceeds the performance target, the reporting person may receive up to 1.5 times the reported number. If GSI fails to achieve 85% of the performance target, the reporting person will receive no Performance Units.
- [F5]Performance Units vest in full on January 2, 2013. Performance Units have no expiration date. Vested Performance Units result in delivery of the underlying shares of common stock, and all Performance Units are forfeited if GSI fails to achieve 85% of the performance target.
Documents
Issuer
GSI COMMERCE INC
CIK 0000828750
Entity typeother
Related Parties
1- filerCIK 0001400254
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 11:19 AM ET
- Size
- 8.6 KB