LABRANCHE & CO INC 4
4 · LABRANCHE & CO INC · Filed Jan 23, 2008
Insider Transaction Report
Form 4
BURKE WILLIAM J III
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2008-01-18−1,833→ 1,833 totalExercise: $5.08→ "LAB" Common Stock (1,833 underlying) - Exercise/Conversion
"LAB" Common Stock
2008-01-18$5.08/sh+1,833$9,312→ 543,036 total
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive a share of LAB Common Stock. The reporting person received 5,500 restricted stock units on January 18, 2006, which vest in equal one-third installments on each of January 18, 2007, January 18, 2008 and January 18, 2009; therefore, 1,833 shares of LAB common stock vested on January 18, 2008.