INC Research Holdings, Inc. 4
4 · INC Research Holdings, Inc. · Filed Jan 30, 2017
Insider Transaction Report
Form 4
Gibertini Michael
President Clinical Development
Transactions
- Award
Class A Common Stock
2017-01-27+10,567→ 57,369 total - Award
Performance Restricted Stock Units
2017-01-27+15,851→ 15,851 total→ Class A Common Stock, par value $0.01 per share (15,851 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units which vests in three equal annual installments beginning on January 27, 2018, subject to continued employment.
- [F2]Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of INC Research Holdings, Inc. (the "Issuer") common stock. The PRSUs vest up to one-third upon the achievement of adjusted diluted net income earnings per share ("EPS") goals during each of 2017, 2018 and 2019. EPS will be as reported in the Issuer's Forms 10-K or other reports publicly filed with the Commission. Vesting of target PRSUs may accelerate in certain circumstances, including if the holder's employment is terminated without cause or the holder resigns for good reason under certain circumstances in connection with a change in control of the Issuer during any performance period.