4//SEC Filing
Binns Robert R 4
Accession 0001397867-11-000002
CIK 0001397867other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 11:47 AM ET
Size
10.3 KB
Accession
0001397867-11-000002
Insider Transaction Report
Form 4
Binns Robert R
DirectorChief Executive Officer
Transactions
- Award
Stock Options
2011-03-31+61,704→ 61,704 totalExercise: $9.06Exp: 2021-03-31→ Common Stock (61,704 underlying) - Award
Common Stock
2011-03-31+27,767→ 254,567 total - Award
Performance Shares
2011-03-31+27,850→ 27,850 totalExercise: $0.00→ Common Stock (27,850 underlying)
Footnotes (4)
- [F1]Mr. Binns was awarded 27,767 shares of restricted common stock which are subject to forfeiture pursuant to the terms of the Restricted Stock Award. The restricted stock vests in increments of one third on each of March 31, 2012, March 31, 2013, and March 31, 2014.
- [F2]The option vests in increments of one third on each of March 31, 2012, March 31, 2013, and March 31, 2014.
- [F3]Represents the number of Performance Shares that will be earned, if at all, based on the achievement of the pre-establshed performance goal for the 2011 fiscal year. Each Performance Share represents a contingent right to receive one share of common stock.
- [F4]Vesting of the Performance Shares will be one third upon the certification of the achievement of the performance goal on March 31, 2012, with the remaining Performance Shares vesting one third annually on March 31, 2013 and March 31, 2014 if the performance goal is achieved.
Documents
Issuer
Global Aviation Holdings Inc.
CIK 0001397867
Entity typeother
Related Parties
1- filerCIK 0001288787
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 11:47 AM ET
- Size
- 10.3 KB