BLACK & DECKER CORP 4
4 · BLACK & DECKER CORP · Filed Apr 23, 2007
Insider Transaction Report
Form 4
Willes Mark H
Director
Transactions
- Award
Phantom Stock
2007-04-19$88.22/sh+2,969.848$262,000→ 10,440.169 total→ Common Stock (2,969.848 underlying)
Footnotes (2)
- [F1]The shares of Phantom Stock convert on a 1 for 1 basis.
- [F2]The referenced Phantom Stock was acquired pursuant to the deferred 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 to the reporting person.