TRC COMPANIES INC /DE/ 4
4 · TRC COMPANIES INC /DE/ · Filed Oct 11, 2013
Insider Transaction Report
Form 4
Bennet Thomas W Jr
Sr. Vice Pres. and CFO
Transactions
- Award
Common Stock, $0.10 par value
2013-10-11+16,000→ 403,356 total - Award
Common Stock, $0.10 par value
2013-10-11+24,000→ 427,356 total
Footnotes (2)
- [F1]Restricted Stock Unit award. The shares are subject to future vesting in 25% increments each on September 5, 2014, September 5, 2015, September 5, 2016, and September 5, 2017.
- [F2]Performance Stock Unit award. The award will vest based on Company performance in the fiscal year ending June 30, 2014. Additionally, the award is subject to adjustment based on threshold, target, and maximum performance factors. The adjustment ranges from 50% - 150%. The award will be pro-rated for achievement of the performance factor within the range established by the Company's Compensation Committee. To the extent the awarded, the Performance Stock units will vest in equal 25% increments on September 5, 2014, September 5, 2015, September 5, 2016, and September 5, 2017.