CARDTRONICS INC 4
4 · CARDTRONICS INC · Filed Mar 28, 2014
Insider Transaction Report
Form 4
CARDTRONICS INCCATM
Clinard Michael H
President - Global Services
Transactions
- Award
Restricted Stock Units
2014-03-27+4,699→ 57,542 total→ Common Stock (4,699 underlying)
Holdings
- 33,470
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Cardtronics common stock.
- [F2]In accordance with Cardtronics' 2014 Long Term Equity Incentive Plan and subject to the terms thereof, each restricted stock unit will convert into one share of Cardtronics common stock as follows: 50% of the units on January 31, 2016; 25% of the units on January 31, 2017; and 25% of the units on January 31, 2018.
- [F3]This number, less today's grant, represents Restricted Stock Units previously granted to the owner pursuant to Cardtronics' 2011, 2012 and 2013 Long Term Incentive Plans with the same conversion formula, i.e. 50% two years after grant date and 25% in each of years 3 and 4 following the grant date.