BOYD MICHAEL C 4
4 · HSN, Inc. · Filed May 22, 2012
Insider Transaction Report
Form 4
HSN, Inc.HSNI
BOYD MICHAEL C
Director
Transactions
- Award
Restricted Stock Units
2012-05-18+2,712→ 2,712 totalExercise: $0.00→ Common Stock, par value $0.01 per share (2,712 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2012-05-19+1,952→ 13,178 total - Exercise/Conversion
Restricted Stock Units
2012-05-19−1,952→ 0 totalExercise: $0.00→ Common Stock, par value $0.01 per share (1,952 underlying)
Footnotes (3)
- [F1]Represents shares of the company's common stock acquired upon the vesting of restricted stock units ("RSUs").
- [F2]Represents RSUs which vested on May 19, 2012.
- [F3]Represents a grant of RSUs in connection with the reporting person's continuous service as a non-employee director of the company. The terms of the grant provide for 100% vesting on the first anniversary of the grant date i.e. on May 18, 2013. The RSUs will be settled in shares of the company's common stock six months following the reporting person's retirement or other termination of service as a director.