DUPONT FABROS TECHNOLOGY, INC. 4
4 · DUPONT FABROS TECHNOLOGY, INC. · Filed Jun 14, 2017
Insider Transaction Report
Form 4
ROBERTS JOHN T JR
Director
Transactions
- Award
Common Stock
2017-06-12+2,790→ 22,721 total
Footnotes (3)
- [F1]The Issuer's director compensation policy provides for a $90,000 annual cash retainer to the Reporting Person for his service as an independent director and lead independent director. The Reporting Person had made an election that any cash retainer approved for payment be paid in shares of the Issuer's common stock. On June 12, 2017, following the Reporting person's election to a one-year term as a director at the Issuer's annual meeting of stockholders held on the same day, the Compensation Committee of the Board of Directors of the Issuer's approved the payment of the annual retainer. Consequently, the stock award reported on this Form 4 includes shares of the Issuer's common stock related to the annual cash retainer.
- [F2]The Issuer's director compensation policy provides for a grant to the Reporting Person of an award of common stock in an amount equal to $80,000. On June 12, 2017, the Compensation Committee granted a stock award to the Reporting Person in an annual amount equal to $80,000.
- [F3]The number of shares of common stock granted for all of the awards described above was based on the average of the opening and closing price per share of the Issuer's common stock on June 12, 2017, or $60.935.