Butterfield William 4
4 · XERIUM TECHNOLOGIES INC · Filed Feb 1, 2018
Insider Transaction Report
Form 4
Butterfield William
Chief Technology Officer
Transactions
- Award
Phantom Stock Unit
2018-01-30+33,937→ 33,937 total→ Common Stock (33,937 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 1/30/2021, the Phantom Stock Units will be settled in cash equal to the average closing price of the common stock for the 30-days preceding 1/30/2021. No shares of common stock will be issued in connection with the settlement of the Phantom Stock Units.