Englert Jerry F 4
4 · BofI Holding, Inc. · Filed Sep 26, 2012
Insider Transaction Report
Form 4
Englert Jerry F
Director
Transactions
- Exercise/Conversion
Common Stock
2012-09-24$25.83/sh+1,667$43,059→ 426,045 total - Exercise/Conversion
Restricted Stock Units
2012-09-24−1,667→ 8,201 total→ Common Stock (1,667 underlying)
Footnotes (3)
- [F1]Represents shares of Common Stock issued on September 24, 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.