LASSA JUDITH M 4
4 · BOISE INC. · Filed Mar 3, 2010
Insider Transaction Report
Form 4
LASSA JUDITH M
Vice President
Transactions
- Tax Payment
Common Stock
2010-03-01$4.98/sh−2,603$12,963→ 304,397 total
Footnotes (1)
- [F1]On May 2, 2008, Ms. Lassa was awarded 77,000 shares of restricted stock under the Boise Inc. Incentive and Performance Plan, which was reported on Ms. Lassa's Form 4 filed with the SEC on May 6, 2008. A portion of this 2008 award vests with the passage of time (service-condition vesting restricted stock) and the remaining portion vests only if the company achieves specific performance hurdles (market-condition vesting restricted stock). The first 1/3 of Ms. Lassa's service-condition vesting restricted stock vested in full on March 2, 2009, and Ms. Lassa paid the withholding tax on those shares. The second 1/3 of Ms. Lassa's service-condition vesting restricted stock vested in full on March 1, 2010, and Ms. Lassa elected to have shares withheld to satisfy her tax withholding obligation.