CIFC Corp. 4
4 · CIFC Corp. · Filed Dec 22, 2014
Insider Transaction Report
Form 4
CIFC Corp.CIFC
Agarwal Rahul N
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2014-12-21+3,750→ 7,500 total - Exercise/Conversion
Performance Shares
2014-12-21−3,750→ 7,500 totalExp: 2016-12-21→ Common Stock (3,750 underlying)
Footnotes (2)
- [F1]As previously reported, on October 9, 2013, the Reporting Person was granted 15,000 Performance Shares, 3,750 of which vested on December 21, 2014. Each Performance Share awarded to the Reporting Person represents the right to receive one share of the Issuer's common stock, as specified in the Restricted Stock Unit Agreement between the Issuer and the Reporting Person. The vested Performance Shares were settled by the issuance to the Reporting Person of 3,750 shares of common stock.
- [F2]The Performance Shares vest ratably over a four-year period, with 3,750 units vesting on December 21, 2013, 3,750 shares vesting on December 21, 2014, 3,750 vesting on December 21, 2015, and 3,750 vesting on December 21, 2016, subject to the Reporting Person's continued employment with the Issuer.