CHIQUITA BRANDS INTERNATIONAL INC 4
4 · CHIQUITA BRANDS INTERNATIONAL INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
HILLS RODERICK M
Director
Transactions
- Award
Common Stock
2006-12-29+391→ 21,877 total - Award
Common Stock
2007-01-02+2,500→ 24,377 total
Holdings
- 3,685(indirect: By Partnership)
Common Stock
- 1,050(indirect: by I.R.A.)
Common Stock
Footnotes (2)
- [F1]Table I, Item 4: Represents fees for service as a member of the Board of Directors which are paid each quarter in arrears, half in cash and half in Common Stock. For Mr. Hills, each quarterly payment consists of $6,250 in quarterly fees and $5,000 in committee chair fees, both payable in cash, and a number of shares of Common Stock having an aggregate fair market value of $6,250. The fair market value of a share of Common Stock is the closing price of the Common Stock as reported on the New York Stock Exchange Composite Tape on the last trading day of the calendar quarter.
- [F2]Note 2: Table 1, Item 4: Annual Restricted Stock Award granted January 2, 2007 pursuant to the non-employee director restricted stock program under the Chiquita Stock 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.