4/A//SEC Filing
Norman Dennis 4/A
Accession 0001312894-10-000017
CIK 0000927417other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:17 PM ET
Size
13.4 KB
Accession
0001312894-10-000017
Insider Transaction Report
Form 4/AAmended
POLYMER GROUP INCPOLGA.OB
Norman Dennis
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2010-04-23$82.51/sh+8,251$680,790→ 27,612 total - Award
Class A Common Stock
2010-04-26$30000.00/sh+5,000$150,000,000→ 32,612 total - Award
Restricted Stock Units
2010-04-23+16,502→ 19,502 total→ Class A Common Stock (16,502 underlying) - Tax Payment
Class A Common Stock
2010-04-26$20.00/sh−1,500$30,000→ 31,112 total - Tax Payment
Class A Common Stock
2010-04-26$20.00/sh−1,135$22,700→ 29,977 total
Footnotes (7)
- [F1]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 4/23/2010 pursuant to Rule 16b-3 and vest immediately.
- [F2]The shares of stock were granted to the reporting person as a result of exercising previously granted options under the Polymer Group, Inc. 2003 Stock Option Plan on 4/26/2010 pursuant to Rule 16b-3 and vest immediately.
- [F3]The shares of stock were withheld by the issuer in order to satisfy the exercise price for options exercised on 4/26/2010.
- [F4]The shares of stock were withheld by the issuer in order to satisfy income tax withholding requirements relating to the options exercised on 4/26/2010.
- [F5]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 4/23/2010 pursuant to Rule 16b-3.
- [F6]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.
- [F7]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 5,501 on 3/25/11, 5,501 on 3/25/12 and 5,500 on 3/25/13, 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 0001328605
Filing Metadata
- Form type
- 4/A
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:17 PM ET
- Size
- 13.4 KB