Swisher Hygiene Inc. 5
5 · Swisher Hygiene Inc. · Filed Feb 16, 2016
Insider Transaction Report
Form 5
HANDLEY RICHARD L
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-11-05−16,028→ 0 totalExercise: $0.00→ Common Stock (16,028 underlying)
Footnotes (2)
- [F1]Each restricted stock unit was fully vested upon issuance and represented the reporting person's right to receive one share of Swisher Hygiene Inc. common stock following the reporting person's departure as a director. The restricted stock units did not have an expiration date.
- [F2]The restricted stock units were canceled on November 5, 2015 in connection with Swisher Hygiene Inc.'s sale transaction with Ecolab, Inc. (as described in Swisher Hygiene Inc.'s Form 8-K filed with the Securities and Exchange Commission on November 3, 2015). The reporting person received $16,829.40 as consideration for the cancellation.