AULT JOHN L 4
4 · SHERWIN WILLIAMS CO · Filed Sep 15, 2003
Insider Transaction Report
Form 4
AULT JOHN L
VP-Corporate Controller
Transactions
- Discretionary Transaction
Phantom Stock Units
2003-09-12$10.89/sh−50,131.74$545,935→ 0 totalExercise: $10.89→ Common Stock
Footnotes (2)
- [F1]Phantom stock units are held under deferred compensation plan(s) to be settled generally upon the Reporting Person's retirement or termination of employment, subject to diversification provisions of the plan(s). The plan(s) utilize unit accounting, with phantom stock units consisting primarily of phantom shares of common stock and a small percentage of short-term investments. On April 1, 1997, units were assigned a beginning per unit price of $10.00.
- [F2]Exempt discretionary transaction in accordance with Rule 16b-3(f).