Home/Filings/4/0000891014-05-000135
4//SEC Filing

MINERALS TECHNOLOGIES INC 4

Accession 0000891014-05-000135

$MTXCIK 0000891014operating

Filed

Jun 12, 8:00 PM ET

Accepted

Jun 13, 11:15 AM ET

Size

6.7 KB

Accession

0000891014-05-000135

Insider Transaction Report

Form 4
Period: 2005-06-10
Transactions
  • Award

    PHANTOM STOCK UNITS

    2005-06-10$66.94/sh+4.304$2885,767.429 total
    Exercise: $0.00COMMON STOCK (4.304 underlying)
Footnotes (3)
  • [F1]EACH PHANTOM STOCK UNIT, WHEN REDEEMED, WILL HAVE THE VALUE OF ONE SHARE OF THE COMPANY'S COMMON STOCK ON THE FIRST BUSINESS DAY OF THE MONTH IN WHICH PAYMENT IS MADE.
  • [F2]THE PHANTOM STOCK UNITS REPRESENT DIVIDENDS ACCRUED UNDER THE MINERALS TECHNOLOGIES INC. NON-FUNDED DEFERRED COMPENSATION AND UNIT AWARD PLAN FOR NON-EMPLOYEE DIRECTOR'S AND ARE TO BE SETTLED IN CASH UPON THE REPORTING PERSON'S RETIREMENT.
  • [F3]THE REPORTING PERSON ALSO DIRECTLY OWNS (I) EMPLOYEE STOCK OPTIONS TO PURCHASE 202,962 SHARES OF MTX COMMON STOCK AT $39.53 PER SHARE WHICH BECAME EXERCISABLE IN THREE EQUAL ANNUAL INSTALLMENTS BEGINNING ON JANUARY 28, 2000 AND EXPIRING ON JANUARY 28, 2009 AND (II) DIRECTOR STOCK OPTIONS TO PURCHASE 135 SHARES OF MTX COMMON STOCK AT $46.63 PER SHARE WHICH BECAME EXERCISABLE IN THREE EQUAL ANNUAL INSTALLMENTS BEGINNING ON JANUARY 24, 2003 AND EXPIRING ON JANUARY 24, 2012.

Issuer

MINERALS TECHNOLOGIES INC

CIK 0000891014

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000891014

Filing Metadata

Form type
4
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 11:15 AM ET
Size
6.7 KB