FRIEDMAN J KENT 4
4 · MAXXAM INC · Filed May 29, 2009
Insider Transaction Report
Form 4
MAXXAM INCMXM
FRIEDMAN J KENT
Director
Transactions
- Award
Non-Qualified Stock Option w/Tandem SAR
2009-05-28+600→ 600 totalExercise: $11.73Exp: 2019-05-28→ 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 5/28/2010, until all such options are exercisable.