4//SEC Filing
Kocourek Robert 4
Accession 0001312894-09-000018
CIK 0000927417other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 5:36 PM ET
Size
8.4 KB
Accession
0001312894-09-000018
Insider Transaction Report
Form 4
POLYMER GROUP INCPOLGA.OB
Kocourek Robert
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2009-06-18$57.18/sh+5,718$326,955→ 42,371 total - Disposition to Issuer
Restriced Stock Units
2009-06-18+11,436→ 11,436 total→ Class A Common Stock (11,436 underlying)
Footnotes (4)
- [F1](1) The shares of restricted stock were granted to the reporting person under the terms of the Polymer Group, Inc. 2008 Long-Term Stock Incentive Plan on 6/18/09 pursuant to Rule 16b-3. These shares will vest in three annual installments beginning with 1,906 on 6/18/2010; 1,906 on 6/18/2011 and 1,906 on 6/18/2012, subject to earlier vesting upon a change of control of the issuer.
- [F2](2) The Restricted Stock Units were granted to the reporting person under the terms of the Polymer Group, Inc. 2008 Long-Term Stock Incentive Plan on 6/18/09 pursuant to Rule 16b-3.
- [F3](3) Each Restricted Stock Unit represents a contingent right to receive one share of Polymer Group, Inc., Class A Common Stock, par value $.01 per share.
- [F4](4) Subject to the achievement of certain performance conditions and unless earlier forfeited under its terms, the award, at targeted performance, will vest in three annual installments of 3,812 on 3/25/10, 3/25/11 and 3/25/12, respectively. Vested shares will be delivered to the reporting person within 30 days of the vesting date, subject to the terms of the award.
Documents
Issuer
POLYMER GROUP INC
CIK 0000927417
Entity typeother
Related Parties
1- filerCIK 0001364634
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 5:36 PM ET
- Size
- 8.4 KB