Hansen Thomas C 4
4 · Heelys, Inc. · Filed Mar 28, 2012
Insider Transaction Report
Form 4
Heelys, Inc.HLYS
Hansen Thomas C
Chief Executive Officer
Transactions
- Award
Restricted Stock Unit
2012-03-26+89,304→ 89,304 total→ Common Stock (89,304 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of common stock of Heelys, Inc.
- [F2]Designated as a performance award. Zero to 100% of the Restricted Stock Units vest on December 31, 2014 based upon Heelys, Inc. meeting earnings per share performance criteria during the period January 1, 2012 and ending December 31, 2014. The maximum number of Restricted Stock Units that may vest is 89,304. If any of the Restricted Stock Units vest, stock certificates for shares of Heelys, Inc. common stock will be delivered to the reporting person no later than 90 days thereafter.