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4//SEC Filing

MCKNIGHT ROBERT B JR 4

Accession 0001329203-13-000005

CIK 0000805305other

Filed

Jan 21, 7:00 PM ET

Accepted

Jan 22, 5:36 PM ET

Size

9.8 KB

Accession

0001329203-13-000005

Insider Transaction Report

Form 4
Period: 2013-01-22
MCKNIGHT ROBERT B JR
DirectorCEO and President
Transactions
  • Award

    Common Stock

    2013-01-22+400,0004,308,845 total
  • Disposition to Issuer

    Common Stock

    2013-01-22400,0003,908,845 total
Holdings
  • Common Stock

    (indirect: By Daughter)
    50,890
  • Common Stock

    (indirect: By Daughter)
    50,890
  • Common Stock

    (indirect: By Son)
    50,890
Footnotes (3)
  • [F1]Represents the portion of an award of restricted stock units originally granted by the Issuer on November 13, 2012 that was surrendered and cancelled pursuant to the terms of a letter agreement, dated January 22, 2013, by and between the Reporting Person and the Issuer.
  • [F2]Represents an award of restricted stock units that become vested if, during any consecutive thirty (30) day period, the weighted average per-share trading price of the Issuer's common stock equals or exceeds $12.50, unless such price threshold occurs during the first 12 months follwoing the date of grant, in which case the restricted stock units will become vested and the shares will be issued in the 12-month anniversary of the grant date.
  • [F3]The restricted stock units also vest in the event of a change of control (as such event is described in the applicable restricted stock unit award agreement) pursuant to which the holders of the Issuer's common stock become entitled to receive per-share consideration having a value equal to or greater than $9.28. Additionally, with certain exceptions, vesting of the restricted stock units requires continued service of the Reporting Person through applicable vesting date. Upon vesting, the shares of common stock subject to the restricted stock units are immediately issued to the Reprting Person. The restricted stock units terminate if they do not vest prior to November 1, 2016.

Issuer

QUIKSILVER INC

CIK 0000805305

Entity typeother

Related Parties

1
  • filerCIK 0000939559

Filing Metadata

Form type
4
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 5:36 PM ET
Size
9.8 KB