4//SEC Filing
MCERLANE JOHN C 4
Accession 0000897069-05-000482
CIK 0000009534other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:14 PM ET
Size
22.1 KB
Accession
0000897069-05-000482
Insider Transaction Report
Form 4
BANDAG INCBDG/BDGA
MCERLANE JOHN C
VP, N. America; President, TDS
Transactions
- Award
Employee Stock Option (Right to Buy)
2005-02-18+5,400→ 5,400 totalExercise: $40.96Exp: 2015-02-18→ Class A Common Stock (5,400 underlying) - Award
Class A Common Stock, $1.00 Par Value
2005-02-18+3,370→ 15,844.3 total
Holdings
- 1,149.8
Common Stock, $1.00 Par Value
- 6,200
Employee Stock Option (Right to Buy)
Exercise: $44.41Exp: 2014-02-24→ Class A Common Stock (6,200 underlying) - 19,300
Employee Stock Option (Right to Buy)
Exercise: $24.35Exp: 2011-03-13→ Class A Common Stock (19,300 underlying) - 22,400
Employee Stock Option (Right to Buy)
Exercise: $27.68Exp: 2013-02-25→ Class A Common Stock (22,400 underlying) - 156.565(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Class A Common Stock (156.565 underlying) - 131.953(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Common Stock (131.953 underlying) - 16,400
Employee Stock Option (Right to Buy)
Exercise: $32.53Exp: 2012-03-12→ Class A Common Stock (16,400 underlying) - 7,000
Employee Stock Option (Right to Buy)
Exercise: $33.88Exp: 2009-02-08→ Class A Common Stock (7,000 underlying) - 17,600
Employee Stock Option (Right to Buy)
Exercise: $21.09Exp: 2010-03-07→ Class A Common Stock (17,600 underlying)
Footnotes (13)
- [F1]Column 5 of Table I includes 7.8903 shares of Common Stock and 93.0414 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 December 31, 2004.
- [F10]Options vest 20% on each of March 13, 2002, 2003, 2004, 2005 and 2006.
- [F11]Options vest 25% on each of March 12, 2003, 2004, 2005 and 2006.
- [F12]Options vest 25% on each of February 25, 2004, 2005, 2006 and 2007.
- [F13]Options vest 25% on each of February 24, 2005, 2006, 2007, 2008.
- [F2]John C. McErlane participates in the Bandag, Incorporated Restricted Stock Grant Plan ("Plan"). Column 5 of Table I includes 395 shares of Common Stock and 395 shares of Class A Common Stock held by Mr. McErlane under the Plan. The shares are restricted for 7 years when granted and are held by a Trustee for the benefit of Mr. McErlane.
- [F3]John C. McErlane participates in the Bandag, Incorporated Stock Award Plan ("Stock Award Plan"). Column 5 of Table I includes 7,957 shares of Class A Common Stock held by Mr. McErlane 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. McErlane.
- [F4]John C. McErlane participates in the Bandag, Incorporated 2004 Stock Grant and Awards Plan ("2004 Awards Plan"). Column 5 of table I includes 1,405 shares of Class A Common Stock held by Mr. McErlane 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. McErlane.
- [F5]Options vest 25% on each of February 18, 2006, 2007, 2008, 2009.
- [F6]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.
- [F7]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.
- [F8]Options became fully vested as of February 8, 2004.
- [F9]Options vest 20% on each of March 7, 2001, 2002, 2003, 2004 and 2005.
Documents
Issuer
BANDAG INC
CIK 0000009534
Entity typeother
Related Parties
1- filerCIK 0001207258
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:14 PM ET
- Size
- 22.1 KB