LIONBRIDGE TECHNOLOGIES INC /DE/ 4
4 · LIONBRIDGE TECHNOLOGIES INC /DE/ · Filed Feb 6, 2015
Insider Transaction Report
Form 4
MUIR DONALD M
Chief Financial Officer
Transactions
- Award
common stock
2015-02-04+61,000→ 578,594 total - Award
common stock
2015-02-04+32,000→ 610,594 total - Disposition to Issuer
common stock
2015-02-05−1,600→ 608,994 total - Tax Payment
common stock
2015-02-05$5.08/sh−12,480$63,398→ 596,514 total - Award
option right to purchase
2015-02-04$5.05/sh+10,000$50,500→ 10,000 totalExercise: $5.05From: 2016-02-04Exp: 2025-02-04→ common stock (10,000 underlying)
Footnotes (5)
- [F1]Grant of restricted stock under 2011 Stock Incentive Plan with restrictions lapsing over 4 years
- [F2]Shares vest on the day the Company publicly releases its earnings for 2016 if the Company meets pre-established revenue and profitability targets.
- [F3]Grant of stock option under 2011 Stock Incentive Plan vesting at a rate of 25% on first anniversary of grant date and 12.5% each six month period thereafter.
- [F4]Forfeiture of restricted LTIP shares due to non-achievement of revenue and profitability targets
- [F5]Remittance of shares to cover tax obligation due to LTIP restricted stock lapse.