Colavita Michael J 4
4 · SUNOCO INC · Filed Mar 5, 2012
Insider Transaction Report
Form 4
SUNOCO INCSUN
Colavita Michael J
Vice President & Interim CFO
Transactions
- Award
Common Stock Unit
2012-03-01+1,780→ 1,780 total→ Common Stock (1,780 underlying)
Footnotes (3)
- [F1]Conversion rate is 1 for 1.
- [F2]This Form 4 is being filed to report a grant award of restricted common stock units granted on March 1, 2012 pursuant to the Sunoco, Inc. Long-Term Performance Enhancement Plan III ("LTPEPIII") in a transaction exempt under Rule 16b-3. These restricted common stock units vest ratably in increments of one-third at the end of each of three annual vesting cycles. Incremental settlement is contingent only upon the continued employment of reporting person with the Company through the end of each annual vesting cycle.
- [F3]Not Applicable