Hell Kevin 4
4 · DIVX INC · Filed Dec 16, 2009
Insider Transaction Report
Form 4
DIVX INCDIVX
Hell Kevin
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2009-12-14$5.17/sh−3,438$17,774→ 205,725 total - Exercise/Conversion
Restricted Stock Units
2009-12-14−9,375→ 84,375 total→ Common Stock (9,375 underlying) - Exercise/Conversion
Common Stock
2009-12-14+9,375→ 209,163 total
Footnotes (4)
- [F1]This Form 4 is being filed to report the quarterly vesting of a Restriced Stock Unit award that was granted and reported on March 14, 2008.
- [F2]Each restricted stock unit represents a contingent right to receive one share of DIVX common stock.
- [F3]Represents shares withheld to satisfy income tax obligations asssociated with the release of common stock (per a vested restricted stock unit award) to the Reporting Person on the transaction date listed in this Form 4.
- [F4]The restricted stock units vest in equal quarterly installments beginning March 14, 2008. Vested shares will be delivered to the reporting person on each vest date or, if the vest date is not a business day, the next following business day thereafter.