Cavin Mark J. 4
4 · ASSET ACCEPTANCE CAPITAL CORP · Filed Apr 2, 2012
Insider Transaction Report
Form 4
Cavin Mark J.
VP - Collections
Transactions
- Award
Common Stock, $0.01 par value
2012-03-29+645→ 10,778 total
Footnotes (1)
- [F1]Number of common stock represents the portion of March 29, 2011 performance-based restrited stock units ("PBRSUs") that vested on March 29, 2012. A total of 1,934 PBRSUs were granted on March 29, 2011 and represent a contingent right to receive one share of Asset Acceptance Capital Corp. common stock. The PBRSUs vest in installments based on satisfaction of certain performance criteria. The performance criteria for 2011 were met, resulting in vesting of the portion of the PBRSUs. The remaining PBRSUs will vest based on certain performance criteria in 2013 and 2014.