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4//SEC Filing

TIRONA MICHAEL A 4

Accession 0000897069-05-000486

CIK 0000009534other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 4:14 PM ET

Size

20.8 KB

Accession

0000897069-05-000486

Insider Transaction Report

Form 4
Period: 2005-02-18
BANDAG INCBDG/BDGA
TIRONA MICHAEL A
VP and General Mgr. - Europe
Transactions
  • Award

    Class A Common Stock, $1.00 Par Value

    2005-02-18+1,6253,980.8 total
  • Award

    Employee Stock Option (Right to Buy)

    2005-02-18+4,0404,040 total
    Exercise: $40.96Exp: 2015-02-18Class A Common Stock (4,040 underlying)
Holdings
  • Stock Fund Unit

    (indirect: By Profit Sharing Plan)
    Exercise: $0.00Common Stock (292.93 underlying)
    292.93
  • Stock Fund Unit

    (indirect: By Profit Sharing Plan)
    Exercise: $0.00Class A Common Stock (330.129 underlying)
    330.129
  • Employee Stock Option (Right to Buy)

    Exercise: $24.35Exp: 2011-03-13Class A Common Stock (6,400 underlying)
    6,400
  • Employee Stock Option (Right to Buy)

    Exercise: $21.09Exp: 2010-03-07Class A Common Stock (9,400 underlying)
    9,400
  • Employee Stock Option (Right to Buy)

    Exercise: $27.68Exp: 2013-02-25Class A Common Stock (12,600 underlying)
    12,600
  • Employee Stock Option (Right to Buy)

    Exercise: $44.41Exp: 2014-02-24Class A Common Stock (4,700 underlying)
    4,700
  • Common Stock, $1.00 Par Value

    665
  • Employee Stock Option (Right to Buy)

    Exercise: $32.53Exp: 2012-03-12Class A Common Stock (9,300 underlying)
    9,300
Footnotes (12)
  • [F1]Column 5 of Table I includes 4.5634 shares of Common Stock and 17.5712 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 25% on each of March 12, 2003, 2004, 2005 and 2006.
  • [F11]Options vest 25% on each of February 25, 2004, 2005, 2006 and 2007.
  • [F12]Options vest 25% on each of February 24, 2005, 2006, 2007, 2008.
  • [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]Michael A. Tirona participates in the Bandag, Incorporated Stock Award Plan ("Stock Award Plan"). Column 5 of Table I includes 2,278 shares of Class A Common Stock held by Mr. Tirona 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. Tirona.
  • [F4]Michael A. Tirona participates in the Bandag, Incorporated 2004 Stock Grant and Awards Plan ("2004 Awards Plan"). Column 5 of table I includes 1,050 shares of Class A Common Stock held by Mr. Tirona 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. Tirona.
  • [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"), 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.
  • [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 vest 20% on each of March 7, 2001, 2002, 2003, 2004 and 2005.
  • [F9]Options vest 20% on each of March 13, 2002, 2003, 2004, 2005 and 2006.

Documents

1 file

Issuer

BANDAG INC

CIK 0000009534

Entity typeother

Related Parties

1
  • filerCIK 0001207263

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:14 PM ET
Size
20.8 KB