GT Advanced Technologies Inc. 4
4 · GT Advanced Technologies Inc. · Filed Jun 11, 2013
Insider Transaction Report
Form 4
Singh Vikram
VP/GM, Photovoltaic SBU
Transactions
- Award
Performance Rights
2013-01-15+85,715→ 85,715 totalExp: 2020-01-15→ Common Stock, par value $.01 (85,715 underlying)
Holdings
- 61,017
Common Stock, par value $.01
Footnotes (2)
- [F1]Each performance restricted stock unit ("PRSU") represents the contingent right to receive one share of common stock of GT Advanced Technologies Inc. The PRSUs are earned based upon the achievement of increases in the Company's stock price as measured by the average closing price of the Company's common stock on the NASDAQ Global Select Market for any twenty consecutive trading day period after the date of grant.
- [F2]One-Third of earned PRSU's may not vest any earlier than the first, second and third anniversaries of the date of grant, respectively.