4//SEC Filing
Greenspan Steven 4
Accession 0001538868-13-000001
CIK 0001065696other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 5:38 PM ET
Size
14.5 KB
Accession
0001538868-13-000001
Insider Transaction Report
Form 4
LKQ CORPLKQ
Greenspan Steven
Sr.VP of Ops - Wholesale Parts
Transactions
- Disposition to Issuer
Common Stock
2013-03-04−16,000→ 6,242 total - Award
Common Stock
2013-03-04+16,000→ 30,242 total - Award
Common Stock
2013-03-04+8,000→ 14,242 total - Award
Common Stock
2013-03-04+20,000→ 50,242 total - Disposition to Issuer
Common Stock
2013-03-04−8,000→ 22,242 total
Holdings
- 1,000(indirect: By Spouse)
Common Stock
Footnotes (5)
- [F1]The transaction represents a cancellation of the unvested amount of restricted stock units awarded on January 14, 2011.
- [F2]The transaction represents a cancellation of the unvested amount of restricted stock units awarded on January 13, 2012.
- [F3]The transaction represents an award of restricted stock units that are subject to two vesting conditions, each of which must be satisfied:(a) time-based vesting equal to 16.67% of the number of restricted stock units subject to the award on July 14, 2013 and on each 6-month anniversary of July 14, 2013; and (b) a performance-based condition of positive fully-diluted earnings per share of the Company (subject to adjustment for certain extraordinary items) for the fiscal year ending December 31, 2013. If and when the performance-based condition is met, all restricted stock units that had previously met the time-based vesting condition will vest immediately and the remaining restricted stock units will vest according to the remaining schedule of the time-based condition. If the performance-based condition is not met, all restricted stock units will be forfeited. This award is a replacement for the cancelled restricted stock units described in footnote 1.
- [F4]The transaction represents an award of restricted stock units that are subject to two vesting conditions, each of which must be satisfied: (a) time-based vesting equal to 12.5% of the number of restricted stock units subject to the award on July 14, 2013 and on each six-month anniversary of July 14, 2013; and (b) a performance-based condition of positive fully-diluted earnings per share of the Company (subject to adjustment for certain extraordinary items) for the fiscal year ending December 31, 2013. If and when the performance-based condition is met, all restricted stock units that had previously met the time-based vesting condition will vest immediately and the remaining restricted stock units will vest according to the remaining schedule of the time-based condition. If the performance-based condition is not met, all restricted stock units will be forfeited. This award is a replacement for the cancelled restricted stock units described in footnote 2.
- [F5]The transaction represents an award of restricted stock units that are subject to two vesting conditions, each of which must be satisfied: (a) time-based vesting equal to 16.67% of the number of restricted stock units subject to the award on July 14, 2013 and on each 6-month anniversary of July 14, 2013; and (b) a performance-based condition of positive fully-diluted earnings per share of the Company (subject to adjustment for certain extraordinary items) for any of the first five fiscal years ending after the grant date. If and when the performance-based condition is met, all restricted stock units that had previously met the time-based vesting condition will vest immediately and the remaining restricted stock units will vest according to the remaining schedule of the time-based condition. If the performance-based condition is not met, all restricted stock units will be forfeited.
Documents
Issuer
LKQ CORP
CIK 0001065696
Entity typeother
Related Parties
1- filerCIK 0001538868
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 5:38 PM ET
- Size
- 14.5 KB