MAXXAM INC 4
4 · MAXXAM INC · Filed May 24, 2004
Insider Transaction Report
Form 4
MAXXAM INCMXM
ROSENTHAL MICHAEL J
Director
Transactions
- Award
Non-Qualified Stock Option w/ Tandem SAR
2004-05-20+600→ 600 totalExercise: $24.90Exp: 2014-05-20→ Common Stock (600 underlying)
Footnotes (1)
- [F1]Such options, which have tandem stock appreciation rights, become exercisable in increments of 25% per year on the anniversary date of the grant, beginnning on 5/20/05, until all such options are exercisable.