Offutt Caroline 4
4 · Geeknet, Inc · Filed Sep 12, 2011
Insider Transaction Report
Form 4
Geeknet, IncGKNT
Offutt Caroline
See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Unit
2011-09-08−26,042→ 52,083 totalFrom: 2011-09-08Exp: 2013-12-14→ Common Stock (26,042 underlying) - Tax Payment
Common Stock
2011-09-08$19.10/sh−8,386$160,173→ 25,739 total - Exercise/Conversion
Common Stock
2011-09-08+26,042→ 34,125 total
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock. Restricted Stock Units were granted pursuant to Issuer's 2007 Equity Incentive Plan and became 33% vested on September 8, 2011, pursuant to the Separation Agreement with the company dated September 7, 2011.
- [F2]Shares represent the tax liability for the release of the vested portion of the restricted stock award.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.