4//SEC Filing
TIRONA MICHAEL A 4
Accession 0000897069-03-001521
CIK 0000009534other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 6:56 PM ET
Size
13.8 KB
Accession
0000897069-03-001521
Insider Transaction Report
Form 4
BANDAG INCBDG & BDGA
TIRONA MICHAEL A
VP and General Mgr. - Europe
Transactions
- Purchase
Common Stock, $1.00 Par Value
2003-11-20$40.02/sh+49.975$2,000→ 641.652 total
Holdings
- 12,600
Stock Option (Right to Buy)
Exercise: $27.68Exp: 2013-02-25→ Class A Common Stock (12,600 underlying) - 245.274(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Class A Common Stock (245.274 underlying) - 9,300
Stock Option (Right to Buy)
Exercise: $32.53Exp: 2012-03-12→ Class A Common Stock (9,300 underlying) - 577.501
Class A Common Stock, $1.00 Par Value
- 211.556(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Common Stock (211.556 underlying) - 9,400
Stock Option (Right to Buy)
Exercise: $21.09Exp: 2010-03-07→ Class A Common Stock (9,400 underlying) - 6,400
Stock Option (Right to Buy)
Exercise: $24.35Exp: 2011-03-13→ Class A Common Stock (6,400 underlying)
Footnotes (8)
- [F1]Column 5 of Table I includes 15.8202 shares of Common Stock and 16.8223 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 February 25, 2003.
- [F2]Michael A. Tirona participates in the Bandag, Incorporated Restricted Stock Grant Plan ("Plan"). Column 5 of Table I includes 465 shares of Common Stock and 465 shares of Class A Common Stock held by Mr. Tirona under the Plan. The shares are restricted for 7 years when granted and are held by a Trustee for the benefit of Mr. Tirona.
- [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 October 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 9,400 shares of Class A Common Stock with 20% vesting (1,880 shares) on each of March 7, 2001, 2002, 2003, 2004, 2005.
- [F6]Options for 6,400 shares of Class A Common Stock with 20% vesting (1,280 shares) on each of March 13, 2002, 2003, 2004, 2005, 2006.
- [F7]Options for 9,300 shares of Class A Common Stock with 25% vesting (2,325 shares) on each of March 12, 2003, 2004, 2005, 2006.
- [F8]Options for 12,600 shares of Class A Common Stock with 25% vesting (3,150 shares) on each of February 25, 2004, 2005, 2006, 2007.
Documents
Issuer
BANDAG INC
CIK 0000009534
Entity typeother
Related Parties
1- filerCIK 0001207263
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 6:56 PM ET
- Size
- 13.8 KB