SCORSONE VINCENT R 4
4 · QUANEX CORP · Filed Jan 4, 2005
Insider Transaction Report
Form 4
SCORSONE VINCENT R
Director
Transactions
- Award
Phantom Stock Units
2004-12-31$45.71/sh+20.21$924→ 6,862.97 totalExercise: $0.00From: 2004-12-31Exp: 1988-08-08→ Common Stock (20.21 underlying)
Holdings
- 3,000
Stock Options (Right to buy)
Exercise: $13.21From: 2000-10-31Exp: 2010-10-31→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]Units that are credited to the participant's account under the Quanex Corporation Deferred Compensation Plan as a result of Dividend Reinvestment.
- [F2]Conversion price is 1-for-1.
- [F3]All units credited under the Deferred Compensation Plan are 100% vested at all times; provided, however, that if a participant receives a benefit from the Deferred Compensation Plan for any reason other than death, disability or retirement within three years after a deferral is credited to a participant's account, any matching awards made by the Company with respect to such deferral will be forfeited. Distributions under the Deferred Compensation Plan are made beginning on a specified date selected bythe participant or upon a participant's death, disability, or termination of employment.
- [F4]Balances have been changed to reflect the 3 for 2 stock split effective 12/31/04.