GT Advanced Technologies Inc. 4

4 · GT Advanced Technologies Inc. · Filed Jan 17, 2014

Form 4

Period: 2014-01-15

President, PV/Worldwide Ops

Transactions

Exercise/Conversion
Common Stock, par value $.01
2014-01-15+38,095→ 224,663 total
Exercise/Conversion
Performance Rights
2014-01-15−38,095→ 76,191 total
Exp: 2020-01-15→ Common Stock, par value $.01 (38,095 underlying)
Exercise/Conversion
Restricted Stock Unit
2014-01-15−38,095→ 76,191 total
→ Common Stock, par value $.01 (38,095 underlying)
Exercise/Conversion
Common Stock, par value $.01
2014-01-15+38,095→ 262,758 total

Footnotes (4)

[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.
[F3]Each restricted stock unit represents the right to receive one share of common stock of GT Advanced Technologies Inc.
[F4]The restricted stock units vest one-third on each of January 15, 2014, January 15, 2015 and January 15, 2016. Shares of common stock are delivered to the reporting person on vesting.

Documents

1 file