Norman Dennis 4
4 · POLYMER GROUP INC · Filed Apr 16, 2010
Insider Transaction Report
Form 4
POLYMER GROUP INCPOLGA.OB
Norman Dennis
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2010-04-07$19.90/sh−110$2,189→ 19,475 total - Tax Payment
Class A Common Stock
2010-04-14$19.50/sh−114$2,223→ 19,361 total - Tax Payment
Class A Common Stock
2010-03-31$16.20/sh−993$16,087→ 19,585 total - Exercise/Conversion
Class A Common Stock
2010-03-25$77.36/sh+7,736$598,457→ 20,578 total
Footnotes (2)
- [F1]The shares of restricted stock were granted to the reporting person as a result of converting previously granted restricted stock units under Polymer Group, Inc. 2008 Long-Term Stock Incentive Plan on 3/25/2010 pursuant to Rule 16b-3. 2,579 shares vest immediately, 2,579 vest on 3/25/2011 and 2,579 vest on 3/25/2012 subject to earlier vesting upon a change of control f the issuer.
- [F2]These shares of restricted stock were withheld by the issuer in order to satisfy income tax withholding requirements relating to the vesting of a prior grant of restricted stock to the reporting person.