QUANEX CORP 4
4 · QUANEX CORP · Filed Jan 3, 2008
Insider Transaction Report
Form 4
WALKER THOMAS M
Senior VP- Finance and CFO
Transactions
- Award
Phantom Stock Units
2007-12-31$51.90/sh+7.495$389→ 2,785.978 totalExercise: $0.00→ Common Stock (7.495 underlying)
Holdings
- 25,000
Stock Options (Right to buy)
Exercise: $37.47From: 2007-12-05Exp: 2016-12-05→ Common Stock (25,000 underlying) - 15,000
Stock Options (Right to buy)
Exercise: $35.93From: 2007-06-12Exp: 2016-06-12→ Common Stock (15,000 underlying)
Footnotes (3)
- [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.