LIETZ FRED H 4
4 · FEDERAL SIGNAL CORP /DE/ · Filed Apr 28, 2010
Insider Transaction Report
Form 4
LIETZ FRED H
V.P. & Chief Procurement Off.
Transactions
- Award
Common Stock
2010-04-26+3,320→ 14,720 total - Award
Performance Rights
2010-04-26+3,320→ 9,320 totalExp: 2012-12-31→ Common Stock (3,320 underlying) - Award
Stock Option (right-to-buy)
2010-04-26$10.04/sh+7,800$78,312→ 38,200 totalExercise: $10.04Exp: 2020-04-26→ Common Stock (7,800 underlying)
Footnotes (4)
- [F1]This represents a restricted stock award. All 3,320 shares vest on 4/26/2013.
- [F2]Some shares are subject to restrictions and forfeiture under the Company Stock Benefit Plan.
- [F3]Options become exercisable as to 2,600 shares on 4/26/2011, 2,600 shares on 4/26/2012 and the remaining 2,600 shares on 4/26/2013.
- [F4]Each performance share represents a contingent right to receive up to 2 shares of teh Company's common stock based on a 3 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 1/1/2010, compared against the TSR over the same period for a pre-set group of peer companies.