McConnaughey David 4
4 · FEDERAL SIGNAL CORP /DE/ · Filed Feb 24, 2009
Insider Transaction Report
Form 4
McConnaughey David
Pres.-Safety & Sec. Sys. Grp.
Transactions
- Award
Stock Option (right-to-buy)
2009-02-20$6.68/sh+25,400$169,672→ 84,400 totalExercise: $6.68Exp: 2019-02-20→ Common Stock (25,400 underlying) - Award
Common Stock
2009-02-20+8,000→ 44,317.555 total - Award
Performance Rights
2009-02-20+7,600→ 15,200 totalExp: 2011-12-31→ Common Stock (15,200 underlying)
Footnotes (4)
- [F1]This represents a restricted stock award. All 8,000 shares vest on 2/20/2012.
- [F2]Some shares are subject to restrictions and forfeiture under Company Stock Benefit Plan. 681.896 shares were acquired through dividend reinvestment.
- [F3]Option becomes exercisable as to 8,467 shares on 2/20/2010, 8,467 shares on 2/20/2011 and the remaining 8,466 shares on 2/20/2012.
- [F4]Each performance share represents a contingent right to receive up to two shares of FSS common stock based on a three year performance metric. The number of shares to be received will depend on the Company's relative Total Shareholder Return (TSR) for the 3-year period beginning on January 1, 2009, which will be evaluated against the TSR over the same 3-year period for a pre-set group of approximately 30 peer companies. TSR is calculated by adding the changes in a company's closing stock price between December 30, 2008 and December 31, 2011 to any dividends paid during that period, and is adjusted for any stock splits or dividends.