BURKE WILLIAM J III 4
4 · LABRANCHE & CO INC · Filed Jan 26, 2009
Insider Transaction Report
Form 4
BURKE WILLIAM J III
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-01-20−1,833→ 0 totalExercise: $4.83→ "LAB" Common Stock (1,833 underlying) - Exercise/Conversion
"LAB" Common Stock
2009-01-20$4.83/sh+1,833$8,853→ 572,869 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. The final 1,833 shares of LAB common stock vested on January 20, 2009, the first trading day following the vesting date.