REED CORDELL 4
4 · WALGREEN CO · Filed Jul 10, 2009
Insider Transaction Report
Form 4
WALGREEN COWAG
REED CORDELL
Director
Transactions
- Award
Dividend Equivalent Rights
2009-06-12$31.18/sh+63.857$1,991→ 63.857 total→ Common Stock (63.857 underlying) - Award
Phantom Stock Units
2009-07-08$29.76/sh+294.019$8,750→ 294.019 total→ Common Stock (294.019 underlying)
Footnotes (4)
- [F1]The phantom stock converts into the cash value of the company's common stock on a one-for-one basis.
- [F2]Issued under the Walgreen Co. Nonemployee Director Stock Plan.
- [F3]To be settled in two installments, the first of which occurs within thirty days following termination of service as a director, and the second, one year after the first settlement date.
- [F4]The dividend equivalent rights convert into the cash value of the company's common stock on a one-for-one basis.