Kirkpatrick H. Scott 4
4 · PRINCETON REVIEW INC · Filed Mar 2, 2012
Insider Transaction Report
Form 4
Kirkpatrick H. Scott
President, Test Prep Services
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-02-29−12,500→ 87,500 totalFrom: 2012-02-29→ Common Stock (12,500 underlying) - Tax Payment
Common Stock
2012-02-29$0.11/sh−4,494$495→ 75,324 total - Exercise/Conversion
Common Stock
2012-02-29+12,500→ 79,818 total
Footnotes (3)
- [F1]Represents shares reacquired to satisfy tax withholding obligations in connection with the quarterly vesting of 12,500 shares of restricted stock units as part of an original stock unit grant of 200,000 shares granted to the Reporting Person on November 30, 2009.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]The restricted stock units vest over four years from the date of grant in equal quarterly installments.