FEDERAL SIGNAL CORP /DE/ 4
4 · FEDERAL SIGNAL CORP /DE/ · Filed Feb 24, 2009
Insider Transaction Report
Form 4
LIETZ FRED H
V.P. & Chief Procurement Off.
Transactions
- Award
Performance Rights
2009-02-20+3,000→ 6,000 totalExp: 2011-12-31→ Common Stock (6,000 underlying) - Award
Common Stock
2009-02-20+3,200→ 11,400 total - Award
Stock Option (right-to-buy)
2009-02-20$6.68/sh+10,200$68,136→ 30,400 totalExercise: $6.68Exp: 2019-02-20→ Common Stock (10,200 underlying)
Holdings
- 5,633.667(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]This represents a restricted stock award. All 3,200 shares vest on 2/20/2012.
- [F2]Some shares are subject to restrictions and forfeiture under the Company Stock Benefit Plan.
- [F3]Options are exercisable as to 3,400 shares on 2/20/2010, 3,400 shares on 2/20/2011 and the remaining 3,400 shares on 2/20/2012.
- [F4]Each performance share represents a contingent right to receive up to two shares of FSS common stock based on a three year performance metric. The number of shares to be received will depend on the Company's relative Total Shareholder Return (TSR) for the 3-year period beginning on January 1, 2009, which will be evaluated against the TSR over the same 3-year period for a pre-set group of approximately 30 peer companies. TSR is calculated by adding the changes in a company's closing stock price between December 30, 2008 and December 31, 2011 to any dividends paid during that period, and is adjusted for any stock splits or dividends.