Performance Sports Group Ltd. 4
4 · Performance Sports Group Ltd. · Filed Jan 22, 2016
Insider Transaction Report
Form 4
Vendetti Mark J
Executive Vice President & CFO
Transactions
- Award
Employee Stock Option (Right to Buy)
2016-01-20+90,000→ 90,000 totalExercise: $5.92Exp: 2026-01-20→ Common Shares (90,000 underlying) - Award
Restricted Stock Unit
2016-01-20+30,000→ 30,000 total→ Common Shares (30,000 underlying)
Footnotes (2)
- [F1]The options were granted on January 20, 2016 pursuant to the Nonqualified Stock Option Award Agreement between the Company and the Reporting Person and, subject to certain conditions, the options vest over four years, with the first 25% vesting on the first anniversary of the date of grant and 25% vesting yearly thereafter.
- [F2]This grant of Restricted Stock Units (each, an RSU) was granted on January 20, 2016 pursuant to the Restricted Stock Unit Award Agreement between the Company and the Reporting Person. Each RSU is the economic equivalent of one common share of the Company. Subject to certain conditions, the RSUs will generally vest over four years, with the first 25% vesting on the first anniversary of the date of grant and 25% vesting yearly thereafter.