4//SEC Filing
PLUM CREEK TIMBER CO INC 4
Accession 0000849213-15-000119
CIK 0000849213operating
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:15 PM ET
Size
17.5 KB
Accession
0000849213-15-000119
Insider Transaction Report
Form 4
BROWN DAVID A.
VP & Chief Accounting Officer
Transactions
- Sale
Common Stock
2015-12-15$46.93/sh−22,000$1,032,460→ 36,731 total - Exercise/Conversion
Common Stock
2015-12-15$35.74/sh+10,000$357,400→ 46,731 total - Exercise/Conversion
Common Stock
2015-12-15$40.42/sh+12,000$485,040→ 58,731 total - Exercise/Conversion
Stock Option (2006 SIP)
2015-12-15−10,000→ 0 totalExercise: $35.74Exp: 2016-02-03→ Common Stock (10,000 underlying) - Exercise/Conversion
Stock Option (2007 SIP)
2015-12-15−12,000→ 0 totalExercise: $40.42Exp: 2017-02-05→ Common Stock (12,000 underlying)
Holdings
- 12,000
Stock Option (2008 SIP)
Exercise: $42.98Exp: 2018-02-04→ Common Stock (12,000 underlying) - 12,000
Stock Option (2009 SIP)
Exercise: $33.75Exp: 2019-02-09→ Common Stock (12,000 underlying) - 12,000
Stock Option (2011 SIP)
Exercise: $41.55Exp: 2021-02-07→ Common Stock (12,000 underlying) - 12,000
Stock Option (2010 SIP)
Exercise: $35.22Exp: 2020-02-08→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]The sales of common stock reported in this Form 4 were executed through several individual broker transactions and are being disclosed in Table I on an aggregated basis. All sale transactions occurred within a one dollar price range and the reported sale price of $46.93 represents the weighted average sale price for the aggregated sale transactions reported herein. The range of sale prices for the sale of 22,000 shares was $46.86 to $47.03. The Reporting Person hereby undertakes to provide the SEC Staff, the Issuer, or any security holder of the Issuer with full information regarding the number of shares of common stock sold by the Reporting Person at each separate price upon request.
- [F2]The option granted under the Issuer's 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.
Documents
Issuer
PLUM CREEK TIMBER CO INC
CIK 0000849213
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000849213
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:15 PM ET
- Size
- 17.5 KB