GT Advanced Technologies Inc. 4
4 · GT Advanced Technologies Inc. · Filed Mar 10, 2014
Insider Transaction Report
Form 4
Gutierrez Thomas
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $.01
2014-03-06+15,902→ 376,924 total - Exercise/Conversion
Restricted Stock Unit
2014-03-06−15,902→ 143,119 total→ Common Stock, par value $.01 (15,902 underlying) - Tax Payment
Common Stock, par value $.01
2014-03-06$16.98/sh−6,670$113,257→ 370,254 total
Footnotes (3)
- [F1]These shares were withheld to satisfy the reporting person's tax withholding obligations upon the vesting of restricted stock units on March 6, 2014.
- [F2]Each restricted stock unit represents the right to receive one share of common stock of GT Advanced Technologies Inc.
- [F3]The restricted stock units vested one-fourth on June 6, 2013, and the balance vests in equal quarterly installments over the following three years. Shares of common stock are delivered to the reporting person on vesting.