XRS Corp 4
4 · XRS Corp · Filed Feb 6, 2014
Insider Transaction Report
Form 4
XRS CorpXRSC
REIDY BRENDAN F
President and COO
Transactions
- Award
Stock option
2014-02-05+83,220→ 83,220 totalExercise: $2.78From: 2015-02-05Exp: 2024-02-05→ Common stock, $0.01 par value (83,220 underlying) - Award
Restricted stock unit
2014-02-05+25,685→ 25,685 totalFrom: 2015-02-05→ Common stock, $0.01 par value (25,685 underlying)
Footnotes (3)
- [F1]Stock option award issued pursuant to 2007 Long-Term Incentive Plan. Shares under this award become exercisable as follows: 27,740 shares on each February 5, 2015, 27,740 shares on February 5, 2016 and 27,740 shares on February 5, 2017.
- [F2]Each restricted stock unit issued pursuant to the 2007 Long-Term Incentive Plan is the economic equivalent of one share of XRS Corporation ("XRS") common stock.
- [F3]Restricted stock unit award issued pursuant to 2007 Long-term Incentive Plan. Stock units under this award will vest as follows: 8,561 units on February 5, 2015, 8,562 units on February 5, 2016 and 8,562 units on February 5, 2017.