MATERIAL SCIENCES CORP 4
4 · MATERIAL SCIENCES CORP · Filed Mar 1, 2005
Insider Transaction Report
Form 4
MITSCH RONALD A
Director
Transactions
- Award
Phantom Stock
2005-03-01+534→ 908 totalExercise: $0.00From: 2005-03-01→ Common Stock (534 underlying)
Footnotes (3)
- [F1]Conversion price of phantom stock units is 1-for-1.
- [F2]The units (issued out of the 2005 Long Term Incentive Plan for Non-Employee Directors), vest immediately, but are distributed five years from grant date.
- [F3]Unless earlier redeemed pursuant to terms of the plan, the grant will automatically be redeemed on the fifth anniversary of the grant date.