Valas Paul A. 4
4 · BLOUNT INTERNATIONAL INC · Filed Mar 15, 2011
Insider Transaction Report
Form 4
Valas Paul A.
President-Speeco
Transactions
- Other
Restricted Stock Award
2011-03-14+4,250→ 14,250 totalExercise: $0.00→ Common Stock (4,250 underlying) - Other
Stock Appreciation Right
2011-03-14$15.09/sh+20,365$307,308→ 34,615 totalExercise: $15.09→ Common Stock (20,365 underlying)
Footnotes (6)
- [F1]The Restricted Stock Unit Award was granted under the 2006 Equity Incentive Plan approved by shareholders on April 25, 2006.
- [F2]The RSU Award shall vest in 12 equal quarterly installments, the first of which vests three months after date of grant, with vesting of 1/12 of the award such every three months thereafter until three years from the date of the grant. All vested RSUs are restricted from sale or other transfer until the date that is three calendar years from the date of grant.
- [F3]An RSU is an unsecured promise to transfer a share at a specified future date. The shares do not have an expiration date or exercise price.
- [F4]The Stock Appreciation Rights ("SARs") were granted as of March 14, 2011 in accordance with the Blount International, Inc. 2006 Equity Incentive Plan approved by the shareholders on April 25, 2006. The SARs awarded vest in 12 quarterly installments, the first of which vests three months after the date of grant, with the vesting of 1/12 of the award every three months thereafter until three years from the date of the grant. All vested SARs are restricted from sale or other transfer until the date that is three calendar years from the date of grant.
- [F5]Vests 1/12 quarterly on each succeeding three month period from the date of grant beginning June 30, 2011.
- [F6]SARs expire ten years from grant date.