CHIQUITA BRANDS INTERNATIONAL INC 4
4 · CHIQUITA BRANDS INTERNATIONAL INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
HILLS RODERICK M
Director
Transactions
- Award
Common Stock
2006-01-03+2,500→ 20,193 total - Award
Common Stock
2005-12-30+311→ 17,693 total
Holdings
- 1,050(indirect: By I.R.A.)
Common Stock
- 3,685(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]Table I, Item 4: Fees for service as a member of the Board of Directors are paid each quarter in arrears, half in cash and half in Common Stock. Each quarterly payment consists of $6,250 in quarterly fees and $5,000 in committee chair fees, both paid in cash, and a number of shares of Chiquita's Common Stock having an aggregate fair market value of $6,250. The fair market value is based on the average of the high and low sales prices of Chiquita's Common Stock on the New York Stock Exchange Composite Tape on the last trading day of the quarter.
- [F2]Note 2: Table 1, Item 4: Restricted Stock Award granted January 3, 2006 pursuant to the non-employee director restricted stock program under the Amended and Restated Chiquita 2002 Stock Option and Incentive Plan. The shares granted under this award will vest 100% on the day that Mr.Hills ceases to be a non-employee director.