Englert Jerry F 4
4 · BofI Holding, Inc. · Filed Aug 14, 2012
Insider Transaction Report
Form 4
Englert Jerry F
Director
Transactions
- Exercise/Conversion
Common Stock
2012-08-10$22.17/sh+1,333$29,553→ 424,512 total - Exercise/Conversion
Restricted Stock Units
2012-08-10−1,333→ 7,401 total→ Common Stock (1,333 underlying)
Footnotes (3)
- [F1]Represents shares of Common Stock issued on August 10, 2012 following the vesting of Restricted Stock Units (RSU's) which vest one-third each year. The RSU's were previously granted to the reporting person under the BofI Holding, Inc. 2004 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors.
- [F2]The RSU's were granted to the reporting person under the BofI Holding, Inc. 2004 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors. Each RSU represents a contingent right to receive one share of BofI Holding, Inc. Common Stock. The RSU's are accompanied by dividend equivalent rights.
- [F3]The RSU's vest over three years, one-third on each anniversary of the date of grant.