SUTTON JESSE 4
4 · MAJESCO ENTERTAINMENT CO · Filed Aug 7, 2012
Insider Transaction Report
Form 4
SUTTON JESSE
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Award
2012-08-03+145,000→ 878,886 total - Tax Payment
Common Stock
2012-08-03$1.76/sh−59,758$105,174→ 819,128 total
Footnotes (3)
- [F1]The shares will vest equally on the 1st, 2nd and 3rd anniversaries of the grant.
- [F2]Annual long term incentive award.
- [F3]The shares were surrendered to the issuer to cover tax obligations associated with the vesting of 178,649 shares of restricted stock, which were granted to the executive as part of annual long term incentive grants for 2009, 2010 and 2011.