Zimmerman David Lee 4
4 · KBR, INC. · Filed Mar 6, 2009
Insider Transaction Report
Form 4
KBR, INC.KBR
Zimmerman David Lee
President, Services
Transactions
- Award
Common Stock
2009-03-04+2,816→ 29,540 total - Award
Stock Options
2009-03-04+9,061→ 9,061 totalExercise: $12.49From: 2010-03-04Exp: 2019-03-04→ Common Stock (9,061 underlying) - Award
Restricted Stock Units
2009-03-04+2,817→ 2,817 totalExercise: $0.00From: 2010-03-04Exp: 2014-03-04→ Common Stock (2,817 underlying)
Footnotes (3)
- [F1]These restricted stock units will convert to common stock at a 1-to-1 ratio. The restricted stock units vest over five years with 20% vesting on the first anniversary of the grant date, and 20% on each anniversary thereafter.
- [F2]These options 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.
- [F3]These restricted stock units will convert to common stock on a 1-to-1 ratio. These restricted stock units vest over five years with 20% vesting on the first anniversary of the grant date, and 20% on each anniversary thereafter, provided that the company has positive net income for the calendar year preceding the vesting date.