KEYW HOLDING CORP 4
4 · KEYW HOLDING CORP · Filed Mar 21, 2014
Insider Transaction Report
Form 4
Krobath John Erwin II
CFO/Treasurer
Transactions
- Award
Performance-based non-qualified stock options
2014-03-20+37,500→ 37,500 totalExercise: $17.11From: 2015-02-07Exp: 2024-02-06→ Common stock, par value $0.001 (37,500 underlying)
Footnotes (1)
- [F1]On February 7, 2014 the reporting person was granted a performance-based non-qualified stock option. Per Mr. Krobath's departure and an amendment to his Employment Agreement on 3/20/14, the reported transaction is no longer subject to performance criteria and 50% will vest on the first anniversary of the grant date and 25% will vest on the second anniversary of the grant date. The remaining 25% will not vest since the amendment states that all outstanding equity awards that would have vested before February 28, 2016 will continue to vest.