BENETT ANDREW B 4
4 · HARTE HANKS INC · Filed Jun 3, 2020
Insider Transaction Report
Form 4
BENETT ANDREW B
Chief Executive Officer
Transactions
- Award
Common Stock
2020-06-02+150,000→ 367,500 total
Footnotes (2)
- [F1]Grant of restricted stock units. Pursuant to his employment agreement, Mr. Benett was entitled to a grant of the reported restricted stock units on January 2, 2020, subject to the availability of shares under the Harte Hanks, Inc. 2013 Omnibus Incentive Plan (the "Plan"). As a result of the forfeiture of awards by other Plan participants, the Plan had sufficient shares available to issue the shares on June 2, 2020.
- [F2]Each restricted stock unit represents a contingent right to receive, at vesting, one share of common stock of Harte Hanks, Inc. These restricted stock units (the "RSUs") were issued under the Plan and the corresponding Restricted Stock Unit Award Agreement. The RSUs vest ratably on January 2nd over three years, such that the entire award is fully vested on the third anniversary, subject to Mr. Benett's continued employment.