Hertz Paul 4
4 · GREAT ATLANTIC & PACIFIC TEA CO INC · Filed Sep 27, 2010
Insider Transaction Report
Form 4
Hertz Paul
Exec. Vice Pres., Operations
Transactions
- Award
Employee Stock Option (right to buy)
2010-08-26$3.14/sh+100,000$314,000→ 100,000 totalExercise: $3.14From: 2011-08-26Exp: 2020-08-26→ Common Stock (100,000 underlying) - Award
Common Stock
2010-08-26+5,000→ 5,000 total
Footnotes (3)
- [F1]The award was a grant for which no consideration was paid.
- [F2]The acquisition represents the grant of 5,000 restricted stock units and can only be settled in stock. The RSUs vest according to the following schedule: 1/4 on August 26, 2011 and 3/4 on August 26, 2013.
- [F3]This option vests in three equal installments: 1/3 on August 26, 2011, 1/3 on August 26, 2012 and 1/3 on August 26, 2013.