BOWATER INC 4
4 · BOWATER INC · Filed Jul 6, 2005
Insider Transaction Report
Form 4
BOWATER INCBOW
GIFFIN GORDON D
Director
Transactions
- Award
Phanton Stock Units
2005-07-01$31.25/sh+392$12,250→ 3,261.34 total→ Common Stock (392 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