PACIFIC FINANCIAL CORP 4
4 · PACIFIC FINANCIAL CORP · Filed Mar 11, 2015
Insider Transaction Report
Form 4
PACIFIC FINANCIAL CORPpflc.ob
Transactions
- Award
Restricted Stock Unit
2015-01-30+1,806→ 1,806 totalFrom: 2018-01-30→ Common Stock (1,806 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- [F2]The restricted stock units vest on third anniversary of grant date, if not previously forfeited. Vested shares will be delivered to the reporting person on the first business day following third anniversary of grant date. Restricted stock units are forfeited if, prior to third anniversary of grant date, the reporting person ceases to be an employee of the issuer for any reason other than an acceleration event, or is placed on probation by the issuer.