RAINES J N 4
4 · THOMAS & BETTS CORP · Filed Dec 8, 2011
Insider Transaction Report
Form 4
RAINES J N
VP-General Counsel & Secretary
Transactions
- Tax Payment
Common Stock
2011-12-06$51.61/sh−1,953$100,796→ 31,956 total - Award
Employee Stock Option (Right to Buy)
2011-12-07+12,295→ 12,295 totalExercise: $52.70Exp: 2021-12-07→ Common Stock (12,295 underlying) - Award
Common Stock
2011-12-07$52.70/sh+2,224$117,205→ 34,180 total
Footnotes (3)
- [F1]Advance election, pursuant to the Company's Equity Compensation Plan, made at the time of the 2008 award to satisfy the tax-withholding obligation on vesting.
- [F2]Shares of Restricted Stock have been awarded pursuant to the Thomas & Betts Corporation 2008 Stock Incentive Plan which is a Rule 16(b)(3) plan. The restriction will be lifted after the third anniversary of the grant date.
- [F3]The option vests in three annual installments commencing on the first anniversary of the grant date.