NEMIROW ARNOLD M 4
4 · BOWATER INC · Filed Nov 19, 2003
Insider Transaction Report
Form 4
BOWATER INCBOW
NEMIROW ARNOLD M
DirectorChairman, President & CEO
Transactions
- Sale
Common Stock
2003-11-17$40.49/sh−400$16,196→ 51,110 total - Sale
Common Stock
2003-11-17$40.50/sh−500$20,250→ 50,610 total - Sale
Common Stock
2003-11-17$40.32/sh−100$4,032→ 63,410 total - Sale
Common Stock
2003-11-17$40.34/sh−3,900$157,326→ 59,510 total - Sale
Common Stock
2003-11-17$40.44/sh−2,000$80,880→ 53,510 total - Exercise/Conversion
Stock Option (right to buy)
2003-11-17$27.27/sh−25,000$681,750→ 80,000 totalExercise: $27.27From: 1995-09-09Exp: 2004-09-09→ Common Stock (25,000 underlying) - Sale
Common Stock
2003-11-17$40.46/sh−800$32,368→ 52,410 total - Sale
Common Stock
2003-11-17$40.24/sh−2,500$100,600→ 63,510 total - Sale
Common Stock
2003-11-17$40.35/sh−700$28,245→ 58,810 total - Sale
Common Stock
2003-11-17$40.36/sh−1,800$72,648→ 57,010 total - Sale
Common Stock
2003-11-17$40.40/sh−300$12,120→ 55,510 total - Exercise/Conversion
Common Stock
2003-11-17$27.27/sh+25,000$681,640→ 72,510 total - Sale
Common Stock
2003-11-17$40.20/sh−6,500$261,300→ 66,010 total - Sale
Common Stock
2003-11-17$40.38/sh−1,100$44,418→ 55,910 total - Sale
Common Stock
2003-11-17$40.55/sh−1,900$77,045→ 47,510 total
Holdings
- 4,775.62
Phantom Stock Units
Exercise: $0.00→ Common Stock (4,775.62 underlying) - 1,000
Stock Appreciation Right
Exercise: $39.78From: 2000-02-22Exp: 2009-02-22→ Common Stock (1,000 underlying) - 100,000
Stock Option (right to buy)
Exercise: $40.74From: 2004-01-28Exp: 2013-01-28→ Common Stock (100,000 underlying) - 1,275.52(indirect: 401 (k) Plan)
Common Stock
- 50,000
Stock Option (right to buy)
Exercise: $34.88From: 1997-01-17Exp: 2006-01-17→ Common Stock (50,000 underlying) - 117,000
Stock Appreciation Right
Exercise: $54.84From: 2001-05-10Exp: 2010-05-10→ Common Stock (117,000 underlying)
Footnotes (4)
- [F1]Shares included in column 5 include 8,510 shares of Restricted Stock granted on January 3, 2003 under the Company's 2002 Stock Option Plan.
- [F2]This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously adopted on September 4, 2003, when the reporting person was not in possession of material nonpublic information.
- [F3]Shares included in column 5 that represent an increase from the last report filed by the reporting person and are not otherwise accounted for by a transaction on this form were allocated under the Company's Salaried Employees Savings Plan as of the plan statement dated 9/31/2003. Additional securities may have accrued to the reporting person's account since that date. The account is subject to revisions in order to comply with requirements respecting nondiscrimination standards and limitations on contributions under the Internal Revenue code of 1986, as amended.
- [F4]These phantom stock units were allocated under the Company's Compensatory Benefit Plan (the "Plan") and will be settled (on a 1-for-1 basis) upon the reporting person's retirement, death, disability, or other termination of employment. Units included in column 9 that represent an increase from the last report filed by the reporting person and are not otherwise accounted for by a transaction on this form were allocated under the Plan as of October 1, 2003. Additional securities may have accrued to the reporting person's account since that date. The account is subject to revision in order to comply with requirements respecting nondiscrimination standards and limitations on contributions under the Internal Revenue Code of 1986, as amended.