Mumford Tom 4
4 · KBR, INC. · Filed Mar 1, 2010
Insider Transaction Report
Form 4
KBR, INC.KBR
Mumford Tom
Senior Vice President
Transactions
- Award
Common Stock
2010-02-25+322→ 10,761 total - Award
Stock Options
2010-02-25+1,726→ 6,904 totalExercise: $12.49From: 2010-03-04Exp: 2019-03-04→ Common Stock (1,726 underlying)
Footnotes (2)
- [F1]On March 4, 2009, the reporting person was granted restricted stock units that convert to common stock at a 1-to-1 ratio and vest 20% on each anniversary of the grant date, with each vesting subject to the Company having positive net income in the prior year. This portion represents the initial 20% that has satisfied the positive net income requirement.
- [F2]On March 4, 2009, the reporting person was granted options that vest at a rate of 33 1/3% on the first anniversary, 66 2/3% on the second anniversary and 100% on the third anniversary from the original date of grant with each vesting subject to the Company having positive net income in the prior year. This portion represents the initial 33 1/3% that has satisfied the positive net income requirement.