4//SEC Filing
CALDARELLI O. JOE 4
Accession 0001373933-08-000019
CIK 0001279176other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:34 PM ET
Size
8.1 KB
Accession
0001373933-08-000019
Insider Transaction Report
Form 4
CALDARELLI O. JOE
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock, par value $0.01 per share
2008-12-23$8.00/sh+2,100$16,800→ 114,000 total - Purchase
Common Stock, par value $0.01 per share
2008-12-22$7.38/sh+2,900$21,402→ 111,900 total
Footnotes (2)
- [F1]Represents the weighted average purchase price for multiple transactions at prices ranging from $7.29 to $7.50 per share. The undersigned undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- [F2]Includes 12,000 restricted stock units granted in December 2007 and 12,000 restricted stock units granted in December 2008. 25% of the restricted stock units granted in December 2007 have vested and 25% will vest on November 30 of each of 2009, 2010 and 2011. The December 2008 grant is subject to time vesting and performance vesting. For time vesting, 25% vests on the third day following the issuance of the issuer's press release reporting first quarter financial results in February of each of 2010, 2011, 2012 and 2013, but no later than the end of February in each year. Performance vesting occurs upon the achievement of specified 20-trading-day average closing share price thresholds by the issuer's common stock: 50% of the restricted stock units granted are subject to a $13.50 average closing share price threshold and 50% are subject to a $16.00 average closing share price threshold. Upon vesting, each restricted stock unit entitles Mr. Caldarelli to receive one share of common stock.
Documents
Issuer
CPI INTERNATIONAL, INC.
CIK 0001279176
Entity typeother
Related Parties
1- filerCIK 0001359270
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:34 PM ET
- Size
- 8.1 KB