4//SEC Filing
MINERALS TECHNOLOGIES INC 4
Accession 0000891014-05-000171
$MTXCIK 0000891014operating
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 12:30 PM ET
Size
9.0 KB
Accession
0000891014-05-000171
Insider Transaction Report
Form 4
VALLES JEAN PAUL
Director
Transactions
- Award
PHANTOM STOCK UNITS
2005-07-26$63.12/sh+15.843$1,000→ 5,908.717 totalExercise: $0.00→ COMMON STOCK (15.843 underlying) - Award
PHANTOM STOCK UNITS
2005-07-27$62.78/sh+31.857$2,000→ 5,940.574 totalExercise: $0.00→ COMMON STOCK (31.857 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.
Documents
Issuer
MINERALS TECHNOLOGIES INC
CIK 0000891014
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000891014
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 12:30 PM ET
- Size
- 9.0 KB