Nicolin Magnus Rene 4
4 · NEWELL RUBBERMAID INC · Filed Feb 17, 2009
Insider Transaction Report
Form 4
Nicolin Magnus Rene
President, Europe
Transactions
- Award
Option (Right to Buy)
2009-02-11+47,000→ 47,000 totalExercise: $7.71Exp: 2019-02-11→ Common Stock (47,000 underlying) - Award
Restricted Stock Units
2009-02-11+20,750→ 20,750 total→ Common Stock (20,750 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Newell Rubbermaid common stock.
- [F2]The reporting person shall become fully vested in his or her award upon the third anniversary of the date of the grant of the award, but the award may vest earlier in the event of death, disability or retirement. Vested shares are to be delivered to the reporting person within 30 days following the date of vesting. Prior to the vesting of the award, if the Company pays a dividend on its common stock, the reporting person will receive an amount in cash equal in value to the dividends that the reporting person would have received had the reporting person been the actual owner of the number of shares of Newell Rubbermaid common stock represented by the restricted stock units.
- [F3]Options become exercisable on the third anniversary of the date of grant.