4//SEC Filing
LEWIS WILLIAM L 4
Accession 0000098537-09-000040
CIK 0000098537other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 5:03 PM ET
Size
6.6 KB
Accession
0000098537-09-000040
Insider Transaction Report
Form 4
LEWIS WILLIAM L
Director
Transactions
- Purchase
Todd Shipyards Corp. Common Stock
2009-09-08$16.13/sh+4,000$64,520→ 8,650 total
Holdings
- 2,000
Todd stock settled appreciation rights
Exercise: $16.98→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]Upon exercise of the SSARs, 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.
- [F2]One-third of the 2,000 SSARs vest each year on August 21 commencing in 2010 (through 2012).
- [F3]Upon certain termination events, but no later than August 21, 2014.
Documents
Issuer
TODD SHIPYARDS CORP
CIK 0000098537
Entity typeother
Related Parties
1- filerCIK 0001304139
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 5:03 PM ET
- Size
- 6.6 KB