4//SEC Filing
CHEN TIMOTHY T 4
Accession 0000897069-04-001522
CIK 0000009534other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 3:34 PM ET
Size
17.6 KB
Accession
0000897069-04-001522
Insider Transaction Report
Form 4
BANDAG INCBDG/BDGA
CHEN TIMOTHY T
Vice President, Innovation
Transactions
- Purchase
Class A Common Stock, $1.00 Par Value
2004-08-20$40.72/sh+36.836$1,500→ 1,778.011 total
Holdings
- 286.494(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Class A Common Stock (286.494 underlying) - 1,400
Employee Stock Option (Right to Buy)
Exercise: $21.09Exp: 2010-03-07→ Class A Common Stock (1,400 underlying) - 4,400
Employee Stock Option (Right to Buy)
Exercise: $24.35Exp: 2011-03-13→ Class A Common Stock (4,400 underlying) - 11,700
Employee Stock Option (Right to Buy)
Exercise: $27.68Exp: 2013-02-25→ Class A Common Stock (11,700 underlying) - 131.564
Common Stock, $1.00 Par Value
- 256.385(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Common Stock (256.385 underlying) - 8,600
Employee Stock Option (Right to Buy)
Exercise: $32.53Exp: 2012-03-12→ Class A Common Stock (8,600 underlying) - 4,300
Employee Stock Option (Right to Buy)
Exercise: $44.41Exp: 2014-02-24→ Class A Common Stock (4,300 underlying)
Footnotes (9)
- [F1]Column 5 of Table I includes 1.7925 shares of Common Stock and 25.7063 shares of Class A Common Stock acquired through automatic reinvestment of dividends under the Bandag, Incorporated Dividend Reinvestment and Optional Cash Purchase Plan since February 24, 2004.
- [F2]Timothy T. Chen participates in the Bandag, Incorporated Stock Award Plan ("Stock Award Plan"). Column 5 of Table I includes 1,579 shares of Class A Common Stock held by Mr. Chen under the Stock Award Plan. The shares are restricted for 3 years when granted and are held by a Trustee for the benefit of Mr. Chen.
- [F3]Represents stock fund units under the Bandag Salaried Profit Sharing, Retirement and Savings Plan ("Profit Sharing Plan"), including 64.289 shares of Common Stock and 66.042 shares of Class A Common Stock acquired under the Profit Sharing Plan since February 24, 2004. 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, 2004. 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 vest 20% on each of March 7, 2001, 2002, 2003, 2004 and 2005.
- [F6]Options vest 20% on each of March 13, 2002, 2003, 2004, 2005 and 2006.
- [F7]Options vest 25% on each of March 12, 2003, 2004, 2005 and 2006.
- [F8]Options vest 25% on each of February 25, 2004, 2005, 2006 and 2007.
- [F9]Options vest 25% on each of February 24, 2005, 2006, 2007, 2008.
Documents
Issuer
BANDAG INC
CIK 0000009534
Entity typeother
Related Parties
1- filerCIK 0001207250
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 3:34 PM ET
- Size
- 17.6 KB