4//SEC Filing
PAULSON HENRY M JR 4
Accession 0000769993-05-000719
CIK 0000886982other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 9:00 PM ET
Size
9.9 KB
Accession
0000769993-05-000719
Insider Transaction Report
Form 4
PAULSON HENRY M JR
DirectorChairman of the Board and CEO
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2005-12-13−89,910→ 3,892,498 total - Award
Nonqualified Stock Options (right to buy)
2005-12-13+220,392→ 220,392 totalExercise: $131.64Exp: 2015-11-27→ Common Stock (220,392 underlying) - Award
Common Stock, par value $0.01 per share
2005-12-13+224,777→ 3,982,408 total
Footnotes (4)
- [F1]The shares, together with the Stock Options described in Table II, represent the Reporting Person's entire compensation other than base salary for the Issuer's 2005 fiscal year, as he is not receiving any cash bonus. The Reporting Person was the highest paid executive officer of the Issuer for the Issuer's 2005 fiscal year.
- [F2]The number of shares awarded to the Reporting Person was determined by dividing $30,147,000 by $134.12 (the closing price of the Issuer's Common Stock on the New York Stock Exchange ("NYSE") on November 25, 2005, the last day of the Issuer's 2005 fiscal year). Of these shares, 89,910 vested immediately upon grant and were withheld for tax purposes, with the remaining 134,867 vesting on November 28, 2008; the unvested shares are subject to restrictions on transfer and will generally be transferable, without the payment of any consideration, in January 2009.
- [F3]The shares that were withheld for tax purposes were withheld at a value of $130.20, the average of the high and low prices of the Issuer's Common Stock on the NYSE on the date of grant.
- [F4]The value of each Stock Option, based on a binomial option valuation method, was $32.91. Of these Stock Options, 40% vested immediately upon grant, with the remaining 60% vesting on November 28, 2008. The Stock Options become exercisable in January 2009, although the underlying shares are subject to transfer restrictions until January 2010.
Documents
Issuer
GOLDMAN SACHS GROUP INC/
CIK 0000886982
Entity typeother
Related Parties
1- filerCIK 0001090368
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 9:00 PM ET
- Size
- 9.9 KB