NEIMAN MARCUS GROUP INC 4
4 · NEIMAN MARCUS GROUP INC · Filed Nov 4, 2003
Insider Transaction Report
Form 4
SALMON WALTER J
Director
Transactions
- Award
Phantom Stock Units
2003-11-01$47.02/sh+106$4,984→ 3,740 totalExercise: $47.02From: 2003-11-01Exp: 2018-11-01→ Class A Common Stock (106 underlying)
Holdings
- 9,942
Common Stock, Class A
Footnotes (2)
- [F1]Pursuant to The Neiman Marcus Group, Inc. Deferred Compensation Plan for Non-Employee Directors, non-employee directors of The Neiman Marcus Group, Inc. (the "Company") receive shares of Class A common stock equivalents as part of their directors' compensation ("Mandatory Deferred Units"), and are permitted to elect to receive shares of common stock equivalents in lieu of their cash compensation ("Elective Deferred Units"). The number and "price" of such units are determined quarterly and are calculated by dividing the amount of fees in each fiscal quarter by the average of the market price of the Company's Class A common stock during the last five trading days of such fiscal quarter. Settlement of these units is in cash.
- [F2]Represents Mandatory Deferred Units.