Storey Craig D 4
4 · Heelys, Inc. · Filed Mar 17, 2011
Insider Transaction Report
Form 4
Heelys, Inc.HLYS
Storey Craig D
CFO/COO
Transactions
- Purchase
Common Stock
2011-03-15$2.25/sh+500$1,124→ 9,000 total - Purchase
Common Stock
2011-03-15$2.26/sh+700$1,579→ 9,700 total - Purchase
Common Stock
2011-03-15$2.26/sh+500$1,129→ 10,200 total - Award
Restricted Stock Unit
2011-03-15+77,626→ 77,626 total→ Common Stock (77,626 underlying) - Purchase
Common Stock
2011-03-15$2.30/sh+800$1,839→ 11,000 total
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of common stock of Heelys, Inc.
- [F2]Designated as a performance award. Zero to 100% of the Restricted Stock Units vest on December 31, 2013 based upon Heelys, Inc. meeting earnings per share performance criteria during the period January 1, 2011 and ending December 31, 2013. The maximum number of Restricted Stock Units that may vest is 77,626. If any of the Restricted Stock Units vest, stock certificates for shares of Heelys, Inc. common stock will be delivered to the reporting person no later than 90 days thereafter.