PADILLA LUIS A 4
4 · SEARS ROEBUCK & CO · Filed Sep 21, 2004
Insider Transaction Report
Form 4
PADILLA LUIS A
President Merchandising
Transactions
- Award
Common Shares
2004-09-20$40.02/sh+50,000$2,001,000→ 50,000 total - Award
Option (Right to Buy)
2004-09-20+100,000→ 100,000 totalExercise: $40.02From: 2005-09-20Exp: 2014-09-20→ Common Shares (100,000 underlying)
Footnotes (2)
- [F1]This option grant vests in three equal annual installments beginning one year from the date of grant. The option expires 10 years from the date of grant, and contains reload features and the right to have shares withheld to satisfy tax withholding obligations.
- [F2]Employee Stock Option Grant in consideration of service as an employee.