4//SEC Filing
CHEN TIMOTHY T 4
Accession 0000897069-05-000506
CIK 0000009534other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 11:30 AM ET
Size
19.3 KB
Accession
0000897069-05-000506
Insider Transaction Report
Form 4
BANDAG INCBDG/BDGA
CHEN TIMOTHY T
Vice President, Innovation
Transactions
- Purchase
Class A Common Stock, $1.00 Par Value
2005-02-22$40.04/sh+24.975$1,000→ 3,947.158 total
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) - 263.739(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Common Stock (263.739 underlying) - 4,400
Employee Stock Option (Right to Buy)
Exercise: $24.35Exp: 2011-03-13→ Class A Common Stock (4,400 underlying) - 294.631(indirect: By Profit Sharing Plan)
Stock Fund Unit
Exercise: $0.00→ Class A Common Stock (294.631 underlying) - 1,400
Employee Stock Option (Right to Buy)
Exercise: $21.09Exp: 2010-03-07→ Class A Common Stock (1,400 underlying) - 8,600
Employee Stock Option (Right to Buy)
Exercise: $32.53Exp: 2012-03-12→ Class A Common Stock (8,600 underlying) - 3,760
Employee Stock Option (Right to Buy)
Exercise: $40.96Exp: 2015-02-18→ Class A Common Stock (3,760 underlying) - 133.454
Common Stock, $1.00 Par Value
Footnotes (11)
- [F1]Column 5 of Table I includes 0 shares of Common Stock and 0 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 22, 2005.
- [F10]Options vest 25% on each of February 24, 2005, 2006, 2007, 2008.
- [F11]Options vest 25% on each of February 18, 2006, 2007, 2008, 2009.
- [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]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.
- [F5]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.
- [F6]Options vest 20% on each of March 7, 2001, 2002, 2003, 2004 and 2005.
- [F7]Options vest 20% on each of March 13, 2002, 2003, 2004, 2005 and 2006.
- [F8]Options vest 25% on each of March 12, 2003, 2004, 2005 and 2006.
- [F9]Options vest 25% on each of February 25, 2004, 2005, 2006 and 2007.
Documents
Issuer
BANDAG INC
CIK 0000009534
Entity typeother
Related Parties
1- filerCIK 0001207250
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 11:30 AM ET
- Size
- 19.3 KB