GLYNN THOMAS P 4
4 · HANCOCK JOHN FINANCIAL SERVICES INC · Filed Dec 3, 2003
Insider Transaction Report
Form 4
GLYNN THOMAS P
Director
Transactions
- Award
Deferred Stock Units
2003-12-01$36.76/sh+108.81$4,000→ 2,742.51 totalExercise: $0.00→ Common Stock (108.81 underlying)
Footnotes (3)
- [F1]Deferred stock units, or DSUs, are obligations of the Company to pay deferred compensation in the future with a return on the amount of compensation deferred equal to the return that would occur if the deferred amount were used to purchase shares of the Company's common stock, including the reinvestment of cash dividends when paid into shares of common stock. DSUs are not convertible into another security of the Company and cannot be settled in or surrendered for shares of stock.
- [F2]1-for-1
- [F3]DSUs are payable in cash upon separation unless a specific deferral date is designated.