McEwen Tim 4
4 · Archipelago Learning, Inc. · Filed Aug 26, 2011
Insider Transaction Report
Form 4
McEwen Tim
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-08-24$8.80/sh+11,682$102,802→ 781,296 total - Exercise/Conversion
Restricted Stock Units
2011-08-24$8.80/sh−11,682$102,802→ 769,614 total - Exercise/Conversion
Restricted Stock Units
2011-08-24$8.80/sh−11,682$102,802→ 16,356 totalFrom: 2011-08-24Exp: 2011-08-24→ Common Stock (11,682 underlying)
Footnotes (2)
- [F1]On February 24, 2011, the Issuer issued an aggregate of 28,038 restricted stock units to the Reporting Person. Subject to the Reporting Person's continued service to the Issuer, the restricted stock units vest as follows: 41 2/3% (11,682 restricted shares) vested on August 24, 2011 and were settled in cash in an amount determined based on the price of the common stock on that date and the remainder (16,356 restricted shares), shall vest on the fourth (4th) anniversary of the grant date and be settled in common stock of the Issuer.
- [F2]1-for-1