AIR PRODUCTS & CHEMICALS INC /DE/ 4
4 · AIR PRODUCTS & CHEMICALS INC /DE/ · Filed Jan 5, 2004
Insider Transaction Report
Form 4
THOMAS LAWRASON D
Director
Transactions
- Award
Phantom Stock
2003-12-31$52.72/sh+318.976$16,816→ 16,905.091 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (318.976 underlying)
Footnotes (2)
- [F1]Phantom deferred stock units (Units) acquired under the Air Products Stock Account of the issuer's Deferred Compensation Plan for Directors (the Plan). Under the Plan, all non-employee directors are credited with Units for the portion of their Board retainer required to be received in this form and they are permitted to defer receiving payment of all or a portion of the remainder of their Board and Committee retainers and meeting fees.
- [F2]These units are generally payable in the form of shares of Common Stock equal in number to the units, after the reporting person's service on the issuer's Board of Directors ends, in a lump sum or up to ten installments as elected by the reporting person in advance.