Sullivan Michael J 4
4 · IHS Inc. · Filed Aug 12, 2011
Insider Transaction Report
Form 4
IHS Inc.IHS
Sullivan Michael J
Executive VP & CFO
Transactions
- Award
Class A Common Stock
2011-08-10+29,000→ 84,686 total
Footnotes (2)
- [F1]Consists of Performance-based Restricted Stock Units awarded to Mr. Sullivan on February 1, 2009 and December 15, 2010, neither of which was previously required to be reported on a Form 4 until performance criteria had been met. Pursuant to the terms of an agreement by and between Mr. Sullivan and the Company (the "Agreement") effective August 10, 2011, these awards have modified so that (i) the performance conditions are waived, and (ii) vesting will occur 10 days after the date of the Agreement, provided that certain conditions in the Agreement have been satisfied.
- [F2]Includes 11,000 time-based Restricted Stock Units previously reported on Forms 4, the terms of which were modified by the Agreement so that vesting will occur 10 days after the date of the Agreement, provided that certain conditions in the Agreement have been satisfied.