Rocket Fuel Inc. 4
4 · Rocket Fuel Inc. · Filed Feb 9, 2017
Insider Transaction Report
Form 4
Rocket Fuel Inc.FUEL
Wootton Emmett Randolph III
DirectorChief Executive Officer
Transactions
- Award
Performance Stock Unit
2017-02-07+230,000→ 230,000 totalExp: 2020-02-07→ Common Stock (230,000 underlying) - Award
Employee Stock Option (right to buy)
2017-02-07+230,000→ 230,000 totalExercise: $2.31Exp: 2027-02-07→ Common Stock (230,000 underlying)
Footnotes (2)
- [F1]One-half of the shares subject to the option vest and become exercisable on February 1, 2018 and one-half of the shares vest and become exercisable on February 1, 2019, subject to Reporting Person's continued service to Issuer as of each such date.
- [F2]Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of Issuer's common stock. One-half of the shares subject to the PSUs will be earned when the average closing price of Issuer's common stock is at or above $4 per share for a period of 30 calendar days, and an additional one-half of such shares will be earned when the average closing price of Issuer's common stock is at or above $6 per share for a period of 30 calendar days. Any shares earned will then vest on the 18-month anniversary of the date such shares were earned, subject to Reporting Person's continued service to Issuer as of each such date.