Raymond Arthur G Jr 4
4 · HOOKER FURNITURE CORP · Filed Feb 13, 2012
Insider Transaction Report
Form 4
Raymond Arthur G Jr
Senior Vice President
Transactions
- Award
Restricted Stock Units (RSUs)
2012-02-09+3,488→ 3,488 total→ Common Stock (3,488 underlying)
Footnotes (3)
- [F1]Each RSU respresents a contingent right to receive one share of HOFT common stock.
- [F2]The RSUs will vest 100% if the reporting person remains continuously employed with the issuer through February 9, 2015 and will be paid as soon as administratively practicable thereafter.
- [F3]At the discretion of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made), or both.