4//SEC Filing
PARE JOHN Z 4
Accession 0000049029-03-000092
CIK 0000049029other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 4:54 PM ET
Size
6.5 KB
Accession
0000049029-03-000092
Insider Transaction Report
Form 4
PARE JOHN Z
Sr Vice Pres / General Counsel
Transactions
- Award
Common Stock
2003-09-15+15,000→ 20,000 total - Award
Option
2003-09-15+10,000→ 10,000 totalExercise: $35.00From: 2006-09-15Exp: 2013-09-15→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Reporting Person holds rights related to a security pursuant to Company's September 15, 2003 Stock Performance Plan. Pursuant to such plan, Reporting Person is entitled to receive awards of performance-based restricted shares of Company's common stock in 5 increments, each equal to 20% of the number of shares set forth in Column 4 herein, as Company's average closing stock price over a 20-day period reaches the following 5 thresholds: $44.23, $51.60, $58.97, $66.34 and $73.71. Once such shares are awarded, Reporting Person acquires voting and dividend rights, but Company holds such shares as custodian until earlier of: 5 years, Reporting Person attains age 65, death or disability of Reporting Person or change in control of Company, at which point such shares become fully vested. If Reporting Person's employment with Company terminates prior to such shares vesting, Reporting Person's shares under this plan are forfeited. None of above thresholds have been reached to date.
Documents
Issuer
HUGHES SUPPLY INC
CIK 0000049029
Entity typeother
Related Parties
1- filerCIK 0001241461
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 4:54 PM ET
- Size
- 6.5 KB