MAXXAM INC 4
4 · MAXXAM INC · Filed Dec 19, 2007
Insider Transaction Report
Form 4
MAXXAM INCMXM
Hurwitz Shawn M
DirectorCo-Vice Chair of Bd/President
Transactions
- Award
Non-Qualified Stock Option w/Tandem SAR
2007-12-17+15,000→ 15,000 totalExercise: $27.01Exp: 2017-12-17→ Common Stock (15,000 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 17, 2007. 20% of such grant will become exercisable on December 17, 2008, with additional 20% increments becoming exercisable on each subsequent anniversary date of such grant until fully vested.