Rietsch Manfred 4
4 · FEDERAL SIGNAL CORP /DE/ · Filed Apr 28, 2010
Insider Transaction Report
Form 4
Rietsch Manfred
Pres.-Federal Signal Tech.Grp.
Transactions
- Award
Stock Option (right-to-buy)
2010-04-26$10.04/sh+12,700$127,508→ 12,700 totalExercise: $10.04Exp: 2020-04-26→ Common Stock (12,700 underlying) - Award
Performance Rights
2010-04-26+5,428→ 5,428 totalExp: 2012-12-31→ Common Stock (5,428 underlying) - Award
Common Stock
2010-04-26+5,428→ 5,428 total
Holdings
- 1,220,311(indirect: by Rietsch Enterprises, Inc.)
Common Stock
Footnotes (4)
- [F1]This represents a restricted stock award. All 5,428 shares vest on 4/26/2013. These shares are subject to restrictions and forfeiture under the Company Stock Benefit Plan.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]Options become exercisable as to 4,234 shares on 4/26/2011, 4,233 shares on 4/26/2012 and the remaining 4,233 shares on 4/23/2013.
- [F4]Each performance share represents a contingent right to receive up to 2 shares of the 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.