GIFFIN GORDON D 4
4 · BOWATER INC · Filed Oct 5, 2004
Insider Transaction Report
Form 4
BOWATER INCBOW
GIFFIN GORDON D
Director
Transactions
- Award
Phantom Stock Units
2004-10-01$37.14/sh+378.83$14,070→ 2,062.35 total→ Common Stock (378.83 underlying)
Footnotes (2)
- [F1]These phantom stock units were allocated under the Deferred Compensation Plan for Outside Directors (the "Directors Plan"). The Directors Plan provides for settlement of phantom stock units in cash, Company common stock (on a 1-for-1 basis), or a combination of the two following the director's ceasing to be an outside director of the Company. Phantom stock units included in this total not otherwise accounted for by a transaction on this form were allocated under the dividend reinvestment feature of the Directors Plan.
- [F2]1 for 1