Breen Timothy E. 4
4 · HARTE HANKS INC · Filed Jan 22, 2019
Insider Transaction Report
Form 4
Breen Timothy E.
Director
Transactions
- Award
Restricted Stock Units
2019-01-17+236,594→ 236,594 total→ Common Stock (236,594 underlying)
Footnotes (2)
- [F1]The grant of restricted stock units is in the amount of $750,000, which amount was calculated by dividing $750,000 by the Issuer's closing share price on the date of grant of $3.17.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. These restricted stock units were issued pursuant to the Harte-Hanks, Inc. 2013 Omnibus Incentive Plan and the corresponding Restricted Stock Unit Award Agreement, and vest if, following a period of at least one full year from the date of grant, the closing price of a share of the Issuer's common stock for 30 consecutive days following the grant date reaches (i) $6.00 per share for the first one-third of the restricted stock units, (ii) $10.00 per share for the second one-third of the restricted stock units and (iii) $12.50 per share for the final one-third of the restricted stock units.