NORTEK INC 4
4 · NORTEK INC · Filed Feb 2, 2016
Insider Transaction Report
Form 4
NORTEK INCNTK
Donnelly Kevin W
Sr,VP, Genrl, Counsel and Secr
Transactions
- Award
Employee Stock Option (right to buy)
2016-01-29$38.99/sh+11,732$457,431→ 11,732 totalExercise: $38.99Exp: 2026-01-29→ Common (11,732 underlying) - Award
Common
2016-01-29+4,772→ 65,745 total
Footnotes (2)
- [F1]Unvested restricted stock awarded under the 2009 Omnibus Incentive Plan for which the Reporting Person has dividend and voting rights. Any dividends held by the Company are forfeitable. Time-based restricted stock vests in one-third installments. One third vests on each anniversary date of the grant beginning on January 29, 2017.
- [F2]The option is exercisable in three equal annual installments. One-third becomes exercisable on each anniversary of the grant date beginning on January 29, 2017.