HOLTZ LOU 4
4 · Heckmann Corp · Filed May 18, 2012
Insider Transaction Report
Form 4
HOLTZ LOU
Director
Transactions
- Purchase
Common Stock, par value $0.001
2012-05-17$3.65/sh+100,000$365,480→ 100,000 total(indirect: See Footnote)
Holdings
- 222,232
Common Stock, par value $0.001
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions on May 17, 2012 at prices ranging from $3.60 to $3.71, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
- [F2]Shares are owned by a revocable trust of which the reporting person and his wife are co-trustees.
- [F3]This number includes the receipt of 14,000 shares of Common Stock upon the vesting on Restricted Stock Units (RSUs) granted on October 20, 2011 under the Issuer's 2009 Equity Incentive Plan as annual retainer compensation for serving on the Issuer's board. Each RSU represents the contingent right, upon vesting, to receive one share of the Issuer's Common Stock. The RSUs are scheduled to vest 1/2 on first anniversary of date of grant and 1/2 on second anniversary of date of grant.