National CineMedia, Inc. 4
4 · National CineMedia, Inc. · Filed Feb 26, 2014
Insider Transaction Report
Form 4
Oddo David J
VP & Interim Co-CFO (PFO)
Transactions
- Disposition to Issuer
Common Stock
2014-02-24−1,224→ 30,077 total - Tax Payment
Common Stock
2014-02-24$15.60/sh−174$2,714→ 29,553 total - Disposition to Issuer
Common Stock
2014-02-24−350→ 29,727 total
Footnotes (3)
- [F1]On January 13, 2011, the reporting person received a grant of 1,224 shares of restricted stock, which would vest based upon achievement of the actual cumulative Free Cash Flow target at the end of a three-year measuring period. On February 24, 2014, the issuer determined that the performance conditions had not been satisfied and, as a result, the shares were forfeited.
- [F2]On January 12, 2012, the reporting person received a grant of 2,448 shares of restricted stock, 816 of which would vest based upon achievement of specified performance targets at the end of a two-year measuring period. On February 24, 2014, the issuer determined that the performance conditions had been satisfied at 57.1% and, as a result, 350 shares were forfeited and 466 shares vested pursuant to the terms of the grant.
- [F3]Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.