XERIUM TECHNOLOGIES INC 4
4 · XERIUM TECHNOLOGIES INC · Filed Jun 1, 2017
Insider Transaction Report
Form 4
Butterfield William
Chief Technology Officer
Transactions
- Award
Phantom Stock Unit
2017-05-30+20,408→ 20,408 total→ Common Stock (20,408 underlying)
Footnotes (1)
- [F1]Each Phantom Stock Unit is the economic equivalent of one share of Xerium Technologies, Inc. common stock. Subject to time and performance conditions and early vesting in limited circumstances, on 5/30/2020, the Phantom Stock Units will be settled in cash equal to the average closing price of the common stock for the 30-days preceding 5/30/2020. No shares of common stock will be issued in connection with the settlement of the Phantom Stock Units.