BAYLES MICHAEL R 4
4 · QUANEX CORP · Filed Feb 2, 2007
Insider Transaction Report
Form 4
BAYLES MICHAEL R
Senior VP-Building Prod. Group
Transactions
- Exercise/Conversion
Phantom Stock Units
2007-01-31−13,387.74→ 15,265.182 totalExercise: $0.00From: 2007-01-31→ Common Stock (13,387.74 underlying) - Exercise/Conversion
Common Stock
2007-01-31+13,387.74→ 24,602.892 total - Disposition to Issuer
Common Stock
2007-01-31$39.19/sh−13,387.74$524,666→ 11,215.152 total
Footnotes (2)
- [F1]Each phantom stock unit was the economic equivalent of 1 share of Quanex common stock. On January 31, 2007, 13,387.74 of the reporting person's phantom stock units where settled for cash.
- [F2]Due to limitations in the Transcentice software, the Expiration Date is 1/31/07