LAYNE CHRISTENSEN CO 4
4 · LAYNE CHRISTENSEN CO · Filed Jul 5, 2016
Insider Transaction Report
Form 4
GILMORE ROBERT R
Director
Transactions
- Award
Phantom Stock Units
2016-07-01$7.24/sh+265.53$1,922→ 948.28 total→ Common Stock (265.53 underlying)
Footnotes (2)
- [F1]The Conversion or Exercise Price is 1 for 1.
- [F2]The Phantom Stock Units were accrued under the Layne Christensen Company Deferred Compensation Plan for Directors and are to be settled 100% in cash. The Phantom Stock Units are to be settled within thirty (30) days after (i) the date pre-selected by the reporting person or (ii) the date the reporting person ceases to be a Director.