LAYNE CHRISTENSEN CO 4
4 · LAYNE CHRISTENSEN CO · Filed Apr 5, 2017
Insider Transaction Report
Form 4
ANDERSON J MICHAEL
CFO and Senior Vice President
Transactions
- Award
Restricted Stock Units
2017-04-03+25,212→ 25,212 total→ Common Stock (25,212 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Layne common stock.
- [F2]The restricted stock units vest on the earlier of (i) the reporting person's retirement after the age of 60 and five years or more of employment with the company, or (ii) April 3, 2020, provided the reporting person remains employed by the company until such date.