DODGE BERGER A 4

Accession 0000098537-09-000023

CIK 0000098537other

View on SEC.gov Company Profile

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 8:21 PM ET

Size

20.8 KB

Accession

0000098537-09-000023

Insider Transaction Report

Form 4

Period: 2009-07-01

TODD SHIPYARDS CORPTOD

DODGE BERGER A

Chief Financial Officer

Transactions

Exercise/Conversion
Todd Shipyards Corp Common Stock
2009-07-06+1,900→ 5,400 total
Exercise/Conversion
Todd Shipyards Corp Common Stock
2009-07-01+360→ 5,760 total
Exercise/Conversion
Todd restricted stock units
2009-07-06−1,600→ 3,200 total
→ Common Stock (1,600 underlying)
Exercise/Conversion
Todd restricted stock units
2009-07-01−360→ 1,440 total
→ Common Stock (360 underlying)
Exercise/Conversion
Todd restricted stock units
2009-07-06−300→ 900 total
→ Common Stock (300 underlying)

Holdings

Todd stock appreciation rights
Exercise: $16.98→ Common Stock (3,000 underlying)
3,000
Todd restricted stock units
→ Common Stock (1,800 underlying)
1,800
Todd stock appreciation rights
Exercise: $14.48→ Common Stock (3,000 underlying)
3,000
Todd stock appreciation rights
Exercise: $21.02→ Common Stock (3,000 underlying)
3,000

Footnotes (18)

[F1]Received upon vesting/conversion of restricted stock units previously awarded under Incentive Stock Plan. No consideration was paid to Todd either at time of award or at time of conversion.
[F10]The SARs vest as to 1,000 units each July 1 commencing in 2009 (through 2011).
[F11]The RSUs vest and convert to Todd Common Stock as to 1,600 units on each July 6 commencing in 2007 (through 2011).
[F12]By virtue of vesting, the RSUs will expire on July 6, 2011 or, as to non-vested units, upon certain termination events.
[F13]The RSUs vest and convert to Todd Common Stock as to 300 units on each July 6 commencing in 2008 (through 2012).
[F14]By virtue of vesting, the RSUs will expire on July 6, 2012 or, as to non-vested units, upon certain termination events.
[F15]Upon exercise of the SARs, the holder is entitled to receive value equal to the number of rights being exercised times the then current fair market value reduced by $16.98, the fair market value on date of grant. Such value will be paid, net of withholding taxes, in shares of Todd Common Stock.
[F16]The SARs vest as to 1,000 units on each July 6 commencing in 2010 (through 2012).
[F17]The RSUs vest and convert to Todd Common Stock as to 360 units each July 1 commencing in 2010 (through 2014).
[F18]By virtue of vesting, the RSUs will expire on July 1, 2014 or, as to non-vested units, upon certain termination events.
[F2]Upon exercise of the SARs, the holder is entitled to receive value equal to the number of rights being exercised times the then current fair market value reduced by $21.02, the fair market value on date of grant. Such value will be paid, net of withholding taxes, in shares of Todd Common Stock.
[F3]The SARs vest as to 1,000 units on each July 6 commencing in 2008 (through 2010).
[F4]Upon certain termination events, earlier as to non-vested units.
[F5]Each RSU represents the right to receive one share of Todd Common Stock, subject to adjustment as provided in the grant agreement.
[F6]The RSUs vest and convert to Todd Common Stock as to 360 units each July 1 commencing in 2009 (through 2013).
[F7]By virtue of vesting, the RSUs will expire on July 1, 2013 or, as to non-vested units, upon certain termination events.
[F8]Granted under the Todd Shipyards Incentive Stock Plan.
[F9]Upon exercise of the SARs, the holder is entitled to receive value equal to the number of rights being exercised times the then current fair market value reduced by $14.48, the fair market value on date of grant. Such value will be paid, net of withholding taxes, in shares of Todd Common Stock.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

TODD SHIPYARDS CORP

CIK 0000098537

→

Entity typeother

Related Parties

filerCIK 0001368464

Filing Metadata

Form type: 4
Filed: Jul 5, 8:00 PM ET
Accepted: Jul 6, 8:21 PM ET
Size: 20.8 KB

View on SEC.gov