SICHTERMAN JANET R 4
4 · BANDAG INC · Filed Aug 25, 2003
Insider Transaction Report
Form 4
BANDAG INCBDG, BDGA
SICHTERMAN JANET R
VP, North American Fleet Sales
Transactions
- Purchase
Class A Common Stock, $1.00 Par Value
2003-08-20$31.35/sh+31.898$1,000→ 464.64 total
Holdings
- 203.837(indirect: By Profit Sharing Plan)
Stock Fund Unit
→ Common Stock (203.837 underlying) - 236.531(indirect: By Profit Sharing Plan)
Stock Fund Unit
→ Class A Common Stock (236.531 underlying) - 8,600
Stock Option (Right to Buy)
Exercise: $32.53Exp: 2012-03-12→ Class A Common Stock (8,600 underlying) - 11,700
Stock Option (Right to Buy)
Exercise: $27.68Exp: 2013-02-25→ Class A Common Stock (11,700 underlying) - 571.08
Common Stock, $1.00 Par Value
- 10,400
Stock Option (Right to Buy)
Exercise: $21.09Exp: 2010-03-07→ Class A Common Stock (10,400 underlying) - 7,000
Stock Option (Right to Buy)
Exercise: $24.35Exp: 2011-03-13→ Class A Common Stock (7,000 underlying)
Footnotes (8)
- [F1]Column 5 of Table 1 includes 4.9106 shares of Common Stock and 4.0525 shares of Class A Common Stock acquired through automatic reinvestment of dividends under the Bandag, Incorporated Dividend Reinvestment and Optional Cash Purchase Plan ("DRP") since May 22, 2003.
- [F2]Janet R. Sichterman participates in the Bandag, Incorporated Restricted Stock Grant Plan ("Plan"). Column 5 of Table 1 includes 305 shares of Common Stock and 305 shares of Class A Common Stock held by Ms. Sichterman under the Plan. The shares are restricted for 7 years when granted and are held by a Trustee for the benefit of Ms. Sichterman.
- [F3]Represents stock fund units under the Bandag Salaried Profit Sharing, Retirement and Savings Plan ("Profit Sharing Plan"). Distributions will be made upon the earliest to occur of termination of employment, death or retirement, subject to limited exceptions.
- [F4]The number of underlying securities is based on the number of stock fund units, the value of these units and the Company's Common and Class A Common Stock market values as of July 31, 2003. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of Company stock and other investments.
- [F5]Options for 10,400 shares of Class A Common Stock with 20% vesting (2,080 shares) on each of March 7, 2001, 2002, 2003, 2004, 2005.
- [F6]Options for 7,000 shares of Class A Common Stock with 20% vesting (1,400 shares) on each of March 13, 2002, 2003, 2004, 2005, 2006.
- [F7]Options for 8,600 shares of Class A Common Stock with 25% vesting (2,150 shares) on each of March 12, 2003, 2004, 2005, 2006.
- [F8]Options for 11,700 shares of Class A Common Stock with 25% vesting (2,925 shares) on each of February 25, 2004, 2005, 2006, 2007.