MAXXAM INC 4
4 · MAXXAM INC · Filed Dec 13, 2006
Insider Transaction Report
Form 4
MAXXAM INCMXM
Madison M Emily
Vice President, Finance
Transactions
- Award
Non-Qualified Stock Option w/Tandem SAR
2006-12-11+5,300→ 5,300 totalExercise: $26.50Exp: 2016-12-11→ Common Stock (5,300 underlying)
Footnotes (1)
- [F1]The Stock Option, which has tandem Stock Appreciation Rights, was awarded pursuant to the Issuer's 2002 Omnibus Employee Incentive Plan on December 11, 2006. 20% of such grant will become exercisable on December 11, 2007, with additional 20% increments becoming exercisable on each subsequent anniversary date of such grant until fully vested.