4//SEC Filing
SUNOCO INC 4
Accession 0000095304-08-000001
CIK 0000095304operating
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 4:48 PM ET
Size
6.8 KB
Accession
0000095304-08-000001
Insider Transaction Report
Form 4
SUNOCO INCSUN
PEW ROBERT ANDERSON
Director
Transactions
- Exercise/Conversion
Deferred Share Units
2008-01-02$70.73/sh−12,755.101$902,181→ 0 total→ Common Stock (12,755.101 underlying)
Footnotes (3)
- [F1]Conversion rate is 1 for 1.
- [F2]"As a Sunoco, Inc. director who will attain age 72 on or before December 2010, and in accordance with applicable Internal Revenue Service transition rules under Internal Revenue Code ?409A, the reporting person elected, on or before December 14, 2007, to do the following: 1. convert, effective January 2, 2008, to Cash Units (i.e., interest-bearing cash equivalents) all account balance amounts deferred in the form of Share Units under the Sunoco, Inc. Directors' Deferred Compensation Plan I ("Plan I") and the Sunoco, Inc. Directors' Deferred Compensation Plan II ("Plan II"), with each Share Unit so converted being valued at the average closing price of a share of Sunoco, Inc. common stock for the period of ten (10) trading days immediately prior to January 1, 2008; and 2. receive, on June 25, 2008, a one-time cash payment of the Cash Unit account balance amounts in such converted Plan I and Plan II."
- [F3]Not Applicable
Documents
Issuer
SUNOCO INC
CIK 0000095304
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000095304
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 4:48 PM ET
- Size
- 6.8 KB