HARSCO CORP 4
4 · HARSCO CORP · Filed May 16, 2008
Insider Transaction Report
Form 4
HARSCO CORPHSC
JASINOWSKI JERRY J
Director
Transactions
- Other
Phantom Stock Units
2008-05-15+404.426→ 24,252.716 total→ Common Stock, $1.25 par value (404.426 underlying)
Holdings
- 4,000
Stock Option (Right to Buy)
Exercise: $16.41Exp: 2009-04-30→ Common Stock, $1.25 par value - 2,400
Common Stock, $1.25 par value
- 8,629.385
Restricted Stock Units-NEDSP
→ Common Stock, $1.25 par value
Footnotes (3)
- [F1]Represents deferred compensation under the Deferred Compensation Plan for Non-Employee Directors. Each phantom stock unit represents a right to be paid in cash an amount equal to the fair market value of one share of Harsco Corporation Common Stock at the date of settlement. The scheduled settlement date for the phantom stock units is in annual installments over five years to commence by January 31, 2010. The deferred compensation credit for fees earned during the quarterly period is the fair market value on the day immediately preceding such credit date. Includes reinvested dividends. The amount credited for each quarterly dividend is payable using the dividend payment date as the valuation date.
- [F2]Stock option granted pursuant to 1995 Non-Employee Directors' Stock Plan, in a transaction exempt under Rule 16b-3.
- [F3]Represents restricted stock units granted under the 1995 Non-Employee Directors' Stock Plan. Each restricted stock unit has a one year vesting period and will be settled promptly following termination of the individual's service as a director of the Company. Includes reinvested dividends.