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4//SEC Filing

PLUM CREEK TIMBER CO INC 4

Accession 0000849213-08-000080

CIK 0000849213operating

Filed

Feb 5, 7:00 PM ET

Accepted

Feb 6, 8:18 PM ET

Size

14.6 KB

Accession

0000849213-08-000080

Insider Transaction Report

Form 4
Period: 2008-02-04
OLSZEWSKI ROBERT J
VP, Environmental Affairs
Transactions
  • Award

    Common Stock

    2008-02-04+1,0005,948 total
  • Award

    Stock Option (2008 SIP)

    2008-02-04+5,0005,000 total
    Exercise: $42.98Exp: 2018-02-04Common Stock (5,000 underlying)
Holdings
  • Stock Option (2003 SIP)

    Exercise: $21.91Exp: 2013-01-28Common Stock (5,000 underlying)
    5,000
  • Stock Option (2006 SIP)

    Exercise: $35.74Exp: 2016-02-03Common Stock (5,000 underlying)
    5,000
  • Stock Option (2005 SIP)

    Exercise: $37.49Exp: 2015-02-09Common Stock (5,500 underlying)
    5,500
  • Stock Option (2004 SIP)

    Exercise: $30.91Exp: 2014-02-02Common Stock (5,000 underlying)
    5,000
  • Stock Option (2007 SIP)

    Exercise: $40.42Exp: 2017-02-05Common Stock (5,000 underlying)
    5,000
  • Common Stock

    (indirect: By Trust)
    2,180
Footnotes (2)
  • [F1]Represents Restricted Stock Units (RSUs) granted under the Plum Creek Stock Incentive Plan. The RSUs vest annually over a four-year period in equal installments. Upon vesting, the RSUs are paid to the Reporting Person in an equal number of shares of the Issuer's common stock. During the vesting period, the Reporting Person is entitled to receive cash payments equal to the amount of any dividend declared and paid on the Issuers's common stock multiplied by the number of unvested RSUs then held by the Reporting Person.
  • [F2]The option granted under the Plum Creek Stock Incentive Plan provides the right to purchase common stock at the fair market value thereof on the date of grant, and becomes exercisable after vesting. The option vests in four equal annual installments, beginning one year after the date of grant.

Issuer

PLUM CREEK TIMBER CO INC

CIK 0000849213

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000849213

Filing Metadata

Form type
4
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 8:18 PM ET
Size
14.6 KB