Standard Pacific Corp insider just picked up 7,122 shares

Wendy L Marlett, an insider of Standard Pacific Corp, recently acquired 7,122 shares of the company. The buys took place at prices ranging from $8.41 to $8.44 per share, on dates ranging from April 01 to April 02, 2014. Marlett now owns 54,816 shares of the company. Marlett operates out of Irvine, CA. Some additional info was provided as follows:

1/3 of this restricted stock grant vests on each of the first three anniversaries of the transaction date provided that a threshold level of Company pre-tax income for 2014 is first achieved. 1/3 of this stock appreciation right becomes exercisable on each of the first three anniversaries of the transaction date. Appreciation is capped at $4.00 per stock appreciation right. Payment of tax withholding relating to vesting of restricted stock.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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