LAYNE CHRISTENSEN CO 4
4 · LAYNE CHRISTENSEN CO · Filed Jan 11, 2017
Insider Transaction Report
Form 4
GILMORE ROBERT R
Director
Transactions
- Exercise/Conversion
Phantom Stock Units
2017-01-11$10.97/sh−1,181.21$12,961→ 175.16 total→ Common Stock (1,181.21 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.