4//SEC Filing
BORDERS GROUP INC 4
Accession 0000940510-05-000068
CIK 0000940510operating
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 1:13 PM ET
Size
10.5 KB
Accession
0000940510-05-000068
Insider Transaction Report
Form 4
ALTRUDA VINCENT E
Pres, Borders Stores Worldwide
Transactions
- Award
Common Stock
2005-04-21$23.94/sh+5,000$119,700→ 11,894 total
Holdings
- 5,710.2(indirect: By 401(k))
Common Stock
- 25,000
Options to Purchase Common Stock
Exercise: $23.77From: 2007-03-18Exp: 2014-03-17→ Common Stock (25,000 underlying) - 16,500
Restricted Stock Units
Exercise: $0.00Exp: 2010-05-20→ Common Stock (16,500 underlying)
Footnotes (2)
- [F1]These shares are restricted shares granted under the Borders Group, Inc. 2004 Long-Term Incentive Plan. There is a three-year restriction on these shares which is due to lapse on April 21, 2008.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Borders Group, Inc. Common Stock. These restricted units were granted under the issuer's 2004 Long-Term Incentive Plan. The restricted stock units may vest over a period of four to six years dependant upon the satisfaction of certain performance criteria. Subject to any deferral election, the shares (or, in the issuer's discretion, an equivalent value in cash) will be delivered when and if the units vest.
Documents
Issuer
BORDERS GROUP INC
CIK 0000940510
Entity typeoperating
IncorporatedMI
Related Parties
1- filerCIK 0000940510
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 1:13 PM ET
- Size
- 10.5 KB