CLARK KIM B 4
4 · BLACK & DECKER CORP · Filed Apr 28, 2005
Insider Transaction Report
Form 4
CLARK KIM B
Director
Transactions
- Award
Phantom Stock
2005-04-26$82.36/sh+1,214.255$100,000→ 1,214.255 total→ Common Stock (1,214.255 underlying) - Award
Common Stock
2005-04-26+910→ 3,793 total
Footnotes (3)
- [F1]The referenced shares were acquired by the reporting person as a participant in the Non-Employee Directors Stock Plan.
- [F2]The shares of Phantom Stock convert on a 1 for 1 basis.
- [F3]The referenced Phantom Stock was acquired pursuant to the deferred compensation provisions of the Non-Employee Directors Stock Plan (the "Stock Plan") and will be settled in shares of Common Stock under the terms of the Stock Plan upon the reporting person's termination as a director. The reporting person elected to acquire the Phantom Stock in lieu of cash and Common Stock otherwise payable by the Corporation pursuant to the Stock Plan.