4//SEC Filing
CHEN TIMOTHY T 4
Accession 0000897069-05-000477
CIK 0000009534other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:14 PM ET
Size
20.3 KB
Accession
0000897069-05-000477
Insider Transaction Report
Form 4
BANDAG INCBDG/BDGA
CHEN TIMOTHY T
Vice President, Innovation
Transactions
- Award
Class A Common Stock, $1.00 Par Value
2005-02-18+2,094→ 3,922.2 total - Award
Employee Stock Option (Right to Buy)
2005-02-18+3,760→ 3,760 totalExercise: $40.96Exp: 2015-02-18→ Class A Common Stock (3,760 underlying)
Holdings
- 11,700
Employee Stock Option (Right to Buy)
Exercise: $27.68Exp: 2013-02-25→ Class A Common Stock (11,700 underlying) - 4,300
Employee Stock Option (Right to Buy)
Exercise: $44.41Exp: 2014-02-24→ Class A Common Stock (4,300 underlying) - 4,400
Employee Stock Option (Right to Buy)
Exercise: $24.35Exp: 2011-03-13→ Class A Common Stock (4,400 underlying) - 133.5
Common Stock, $1.00 Par Value
- 1,400
Employee Stock Option (Right to Buy)
Exercise: $21.09Exp: 2010-03-07→ Class A Common Stock (1,400 underlying) - 294.631(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Class A Common Stock (294.631 underlying) - 263.739(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Common Stock (263.739 underlying) - 8,600
Employee Stock Option (Right to Buy)
Exercise: $32.53Exp: 2012-03-12→ Class A Common Stock (8,600 underlying)
Footnotes (11)
- [F1]Column 5 of Table I includes .9158 shares of Common Stock and 13.6357 shares of Class A Common Stock acquired through automatic reinvestment of dividends under the Bandag, Incorporated Dividend Reinvestment and Optional Cash Purchase Plan since December 31, 2004.
- [F10]Options vest 25% on each of February 25, 2004, 2005, 2006 and 2007.
- [F11]Options vest 25% on each of February 24, 2005, 2006, 2007, 2008.
- [F2]Timothy T. Chen participates in the Bandag, Incorporated Stock Award Plan ("Stock Award Plan"). Column 5 of Table I includes 2,698 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]Timothy T. Chen participates in the Bandag, Incorporated 2004 Stock Grant and Awards Plan ("2004 Awards Plan"). Column 5 of table I includes 975 shares of Class A Common Stock held by Mr. Chen under the 2004 Awards Plan. The shares are restricted for 3 years when granted and are held by a Trustee for the benefit of Mr. Chen.
- [F4]Options vest 25% on each of February 18, 2006, 2007, 2008, 2009.
- [F5]Represents stock fund units under the Bandag Salaried Profit Sharing, Retirement and Savings Plan ("Profit Sharing Plan"), including 4 shares of Common Stock and 4 shares of Class A Common Stock acquired since December 31, 2004. Distributions will be made upon the earliest to occur of termination of employment, death or retirement, subject to limited exceptions.
- [F6]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 January 31, 2005. 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.
- [F7]Options vest 20% on each of March 7, 2001, 2002, 2003, 2004 and 2005.
- [F8]Options vest 20% on each of March 13, 2002, 2003, 2004, 2005 and 2006.
- [F9]Options vest 25% on each of March 12, 2003, 2004, 2005 and 2006.
Documents
Issuer
BANDAG INC
CIK 0000009534
Entity typeother
Related Parties
1- filerCIK 0001207250
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:14 PM ET
- Size
- 20.3 KB