PLUM CREEK TIMBER CO INC 4
4 · PLUM CREEK TIMBER CO INC · Filed Dec 30, 2015
Insider Transaction Report
Form 4
LINDQUIST THOMAS M
EVP & Chief Operating Officer
Transactions
- Sale
Common Stock
2015-12-29$48.70/sh−17,500$852,338→ 132,312 total - Exercise/Conversion
Common Stock
2015-12-29$41.55/sh+17,500$727,125→ 149,812 total - Exercise/Conversion
Stock Options (2011 SIP)
2015-12-29−17,500→ 0 totalExercise: $41.55Exp: 2021-02-07→ Common Stock (17,500 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 $48.705 represents the weighted average sale price for the aggregated sale transactions reported herein. The range of sale prices for the sale of 17,500 shares was $48.68 to $48.7459. 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.