4//SEC Filing
San Miguel Alejandro R. 4
Accession 0001140361-09-026290
CIK 0001365790other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 4:07 PM ET
Size
7.7 KB
Accession
0001140361-09-026290
Insider Transaction Report
Form 4
San Miguel Alejandro R.
Gen Counsel & Corp Secretary
Transactions
- Tax Payment
Common Stock
2009-11-13$2.66/sh−21,301$56,661→ 23,561 total
Holdings
- 7,500
Common Stock
- 182,453
Common Stock (Restricted)
Footnotes (3)
- [F1]On November 13, 2009, 44,862 shares of restricted stock vested pursuant to the terms of the restricted stock award made to Mr. San Miguel by GLG Partners, Inc. (?GLG?) under GLG?s 2007 Long-Term Incentive Plan. Of the 44,862 vesting shares, 21,301 shares were withheld by GLG to cover Mr. San Miguel?s tax withholding obligations with respect to the vested shares.
- [F2]The shares of common stock are owned jointly by Mr. San Miguel and his wife
- [F3]The shares of restricted stock are subject to vesting as follows: (A) 105,263 shares vest in four equal installments on November 2, 2008, 2009, 2010 and 2011 (?Group A Shares?); (B) 74,184 shares vest in four equal installments on November 2, 2009, 2010, 2011 and 2012 (?Group B Shares?); and (C) 74,184 shares vest in four equal installments on November 2, 2010, 2011, 2012 and 2013 and, in each case, subject to GLG having achieved certain minimum levels of net assets under management (AUM) as of the immediately preceding October 31 (as determined by the Compensation Committee). On November 13, 2009, the second installment of 26,316 Group A Shares and the first installment of 18,546 Group B Shares vested with respect to 2009.
Documents
Issuer
GLG Partners, Inc.
CIK 0001365790
Entity typeother
Related Parties
1- filerCIK 0001416186
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 4:07 PM ET
- Size
- 7.7 KB