Wellde George W JR 4
4 · Fortress Investment Group LLC · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Wellde George W JR
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2011-01-03$5.76/sh+12,165$70,070→ 151,657 total
Footnotes (1)
- [F1]Shares were issued to director as compensation for services provided to the Company. Mr. Wellde elected to receive his semi-annual compensation payment of $50,000 in the form of common shares in lieu of cash, which payment was approved by the compensation committee pursuant to the terms of the issuer's Incentive Award Plan. Each non-employee director received his compensation on January 3, 2011. The closing stock price on January 3, 2011 was $5.76.