BIRKEL BERNARD L 4
4 · MAXXAM INC · Filed Dec 16, 2009
Insider Transaction Report
Form 4
MAXXAM INCMXM
BIRKEL BERNARD L
Secretary
Transactions
- Award
Stock Appreciation Rights
2009-12-14+6,000→ 6,000 totalExercise: $10.56Exp: 2019-12-14→ Common Stock (6,000 underlying)
Footnotes (1)
- [F1]The Stock Appreciations Rights were awarded on December 14, 2009 pursuant to the Issuer's 2002 Omnibus Employee Incentive Plan. 20% of such grant will become exercisable on December 14, 2010, with additional 20% increments becoming exercisable on each subsequent anniversary date of such grant until fully vested.