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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (1) | (2) | 10/04/2006 | A | 77,343 | 01/01/2007(3) | (4) | Common Stock | 77,343 | (5) | 77,343 | D | ||||
Restricted Stock Units (1) | (2) | 10/04/2006 | A | 93,177 | 01/01/2009(6) | (4) | Common Stock | 93,177 | (5) | 93,177 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Roberts Richard J 1676 INTERNATIONAL DR. MCLEAN, VA 22102 |
EVP, Chief Operating Officer |
/s/ Christine Chang, Attorney-in-Fact for Richard J. Roberts | 10/04/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | As previously disclosed, on April 12, 2005, the Company approved an aggregate of $1.98 million in RSU grants under the Company's 2000 Long-Term Incentive Plan to Richard J. Roberts. The first of these grants made to Mr. Roberts was reported on April 12, 2005. Pursuant to a notice delivered by the Company to Mr. Roberts on October 4, 2006, the Company will be issuing the remaining two RSU grants, each effective as of September 25, 2006. |
(2) | Each RSU represents a contingent right to receive one share of BearingPoint, Inc. common stock or the cash equivalent. |
(3) | All RSUs are fully vested upon grant. Settlement of the RSUs will occur as follows: 50% on January 1 in each of 2007 and 2008. |
(4) | None. |
(5) | None. |
(6) | The RSUs vest as follows: 25% on January 1 in each of 2007, 2008, 2009 and 2010. Settlement of the RSUs will occur as follows: 25% on January 1 in each of 2009, 2010, 2011 and 2012. |