Home/Filings/4/0001181431-10-005489
4//SEC Filing

LEARNING TREE INTERNATIONAL INC 4

Accession 0001181431-10-005489

CIK 0001002037operating

Filed

Jan 28, 7:00 PM ET

Accepted

Jan 29, 9:43 PM ET

Size

15.8 KB

Accession

0001181431-10-005489

Insider Transaction Report

Form 4
Period: 2009-11-02
Transactions
  • Award

    Restricted Stock Units

    2009-11-02+4,7534,753 total
    Common Stock (4,753 underlying)
  • Disposition to Issuer

    Common Stock

    2010-01-062,82832,622 total
Holdings
  • Employee Stock Options (right to buy)

    Exercise: $12.66From: 2007-12-31Exp: 2012-06-24Common Stock (9,090 underlying)
    9,090
  • Employee Stock Options (right to buy)

    Exercise: $20.70From: 2008-12-31Exp: 2012-12-15Common Stock (1,802 underlying)
    1,802
  • Employee Stock Options (right to buy)

    Exercise: $11.87From: 2007-04-01Exp: 2010-03-31Common Stock (2,500 underlying)
    2,500
  • Employee Stock Options (right to buy)

    Exercise: $13.02From: 2006-04-01Exp: 2010-03-31Common Stock (2,500 underlying)
    2,500
Footnotes (3)
  • [F1]Forfeiture, in accordance with terms of grant, of restricted common stock granted October 24, 2008 pursuant to Issuer's 2007 Equity Incentive Plan.
  • [F2]Grant of restricted stock units ("RS Units") pursuant to Issuer's 2007 Equity Incentive Plan. Each RS Unit represents a right to receive one share of Issuer's common stock provided Reporting Person has continually served as a director of Issuer as of the date of vesting. RS Units vest one-third on each of the first three anniversaries of the grant date. The Reporting Person will have no right to receive any shares of common stock under this grant (i) if Issuer does not report an operating profit for its 2010 fiscal year or (ii) with respect to any issuance scheduled to occur after he ceases to be a director of Issuer. Reporting Person has no rights as a stockholder of Issuer with respect to RS Units unless and until a certificate for shares has been issued.
  • [F3]Not applicable.

Issuer

LEARNING TREE INTERNATIONAL INC

CIK 0001002037

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001002037

Filing Metadata

Form type
4
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 9:43 PM ET
Size
15.8 KB