4//SEC Filing
Poe David A 4
Accession 0001209191-10-026900
CIK 0001045150other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 4:37 PM ET
Size
6.4 KB
Accession
0001209191-10-026900
Insider Transaction Report
Form 4
Poe David A
Director
Transactions
- Award
Restricted Stock Units
2010-05-11+9,000→ 9,000 totalFrom: 2011-05-11Exp: 2011-05-11→ Common Stock (9,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive a payment of cash equivalent to the fair market value of a share of Tier common stock as of the first anniversary of the date of grant, unless the reporting person ceases to be a member of Tier's board of directors or an employee of Tier before that date, in which case the reporting person will be entitled to receive a cash payment this is prorated based upon the number of days the reporting person served as a board member or employee of Tier during the one year period following the date of grant.
- [F2]Payment will be made to the reporting person within thirty (30) days of the earlier of (i) the date the reporting person ceases to be either a member of Tier's board of directors or an employee of Tier and (ii) the first anniversary of the date of grant.
Documents
Issuer
TIER TECHNOLOGIES INC
CIK 0001045150
Entity typeother
Related Parties
1- filerCIK 0001446715
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 4:37 PM ET
- Size
- 6.4 KB