Hannan Michael M 4
4 · VIAD CORP · Filed Jan 18, 2012
Insider Transaction Report
Form 4
VIAD CORPVVI
Hannan Michael M
President & CEO - Brewster
Transactions
- Disposition to Issuer
Common Stock
2012-01-13$18.12/sh−1,091$19,769→ 0 total - Exercise/Conversion
Common Stock
2012-01-13+1,091→ 1,091 total - Exercise/Conversion
Cash Only Performance-Based Restricted Stock Units
2012-01-13−1,091→ 0 total→ Common Stock (1,091 underlying)
Footnotes (3)
- [F1]Each performance-based restricted stock unit was the economic equivalent of one share of Viad Corp common stock on January 3, 2012, the vest date. The vested performance-based restricted stock units were settled in cash on January 13, 2012.
- [F2]This is an award of performance-based restricted stock units. If earned, the stock units will vest in 3 equal installments, one-third after 1 year from the grant date, and the 2 remaining installments will vest in January of the second and third year, respectively, after the grant date, except that exercisability is accelerated in certain circumstances. The stock units will be settled in cash only.
- [F3]Not applicable.