GORMAN THOMAS W 4
4 · SPARTAN MOTORS INC · Filed Mar 19, 2012
Insider Transaction Report
Form 4
GORMAN THOMAS W
Chief Operating Officer
Transactions
- Award
Common Stock
2012-03-16+28,000→ 108,872 total
Footnotes (1)
- [F1]This line item reports the grant of 28,000 shares of restricted stock under the Spartan Motors, Inc. Stock Incentive Plan of 2005 (the "Plan"). These shares will fully vest as follows: 25% of these shares will vest on March 16, 2013, and 75% of these shares will vest on February 19, 2014. Prior to vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.