MAXXAM INC 4
4 · MAXXAM INC · Filed May 27, 2005
Insider Transaction Report
Form 4
MAXXAM INCMXM
LEVIN EZRA G
Director
Transactions
- Award
Non-Qualified Stock Option w/Tandem SAR
2005-05-26+600→ 600 totalExercise: $22.58Exp: 2015-05-26→ Common Stock (600 underlying)
Footnotes (1)
- [F1]Such options, which have tandem stock appreciation rights, become exercisable in increments of 25% per year on the anniversary date of the grant, beginning on 5/26/06, until all such options are exercisable.