SILGAN HOLDINGS INC 4
4 · SILGAN HOLDINGS INC · Filed May 1, 2006
Insider Transaction Report
Form 4
MILLER MALCOLM E
Vice President and Treasurer
Transactions
- Sale
Common Stock
2006-04-27$39.00/sh−1,500$58,500→ 3,600 total - Exercise/Conversion
Nonqualified options to purchase common stock
2006-04-27$10.64/sh−5,000$53,225→ 27,000 totalExercise: $10.64Exp: 2011-10-10→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2006-04-27$10.64/sh+5,000$53,225→ 8,600 total - Sale
Common Stock
2006-04-27$39.06/sh−3,500$136,710→ 5,100 total
Footnotes (3)
- [F1]This amount includes 2,600 restricted stock units granted on March 1, 2006 under the Silgan Holdings Inc. 2004 Stock Incentive Plan, as amended. These restricted stock units vest ratably over a five year period beginning on March 1, 2007 and will be settled in shares of Common Stock on a 1 for 1 basis.
- [F2]These options were granted on 10/11/2001 and vest ratably over 5 years beginning 10/11/2002. 24,000 of these options were exercisable prior to the transactions reported on this Form 4.
- [F3]On September 15, 2005, a two-for-onw stock split of the Common Stock of Silgan Holdings Inc. in the form of a stock dividend was effected, resulting in the reporting person holding an additional 16,000 nonqualified options to purchase common stock following such stock split.