Gallagher James G 4
4 · Vertro, Inc. · Filed Mar 5, 2012
Insider Transaction Report
Form 4
Vertro, Inc.VTRO
Transactions
- Award
Common Stock
2012-03-01+78,572→ 127,137 total - Tax Payment
Common Stock
2012-03-01$1.40/sh−42,575$59,605→ 74,562 total - Disposition to Issuer
Common Stock
2012-03-01−74,562→ 0 total - Disposition to Issuer
Common Stock
2012-03-01−10,000→ 117,137 total
Footnotes (4)
- [F1]Shares acquired pursuant to 2011 Bonus Program.
- [F2]Forfeiture of performance-based restricted stock units.
- [F3]SHARES WITHHELD BY VERTRO, INC. TO SATISFY THE INDIVIDUAL'S WITHHOLDING TAXES PAYABLE UPON VESTING OF RESTRICTED STOCK UNITS AND SHARES ACQUIRED PURSUANT TO THE 2011 BONUS PROGRAM.
- [F4]Disposed of pursuant to an Agreement and Plan of Merger among Issuer, Inuvo, Inc. ("Inuvo") and Anhinga Merger Subsidiary, Inc. (the "Merger"). Each outstanding share of common stock of Issuer was converted into the right to receive 1.546 shares of common stock of Inuvo having a market value of $0.88 per share on the effective date of the Merger.