Home/Filings/4/0000940510-07-000006
4//SEC Filing

BORDERS GROUP INC 4

Accession 0000940510-07-000006

CIK 0000940510operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 8:52 AM ET

Size

9.6 KB

Accession

0000940510-07-000006

Insider Transaction Report

Form 4
Period: 2007-01-02
Transactions
  • Award

    Restricted Share Units

    2007-01-02+2,0132,378 total
    Common Stock (2,013 underlying)
  • Award

    Common Stock

    2007-01-02$22.35/sh+224$5,00611,871 total
Footnotes (2)
  • [F1]These shares are Restricted Shares granted under the issuer's 2004 Long-Term Incentive Plan. They constitute a portion of the fees payable for services as a Director during the year 2007. The restrictions on these shares are due to lapse on December 31, 2007.
  • [F2]These Restricted Share Units constitute a portion of the fees payable for services as a Director during the year 2007. Each Restricted Share Unit represents a contingent right to receive one share of Borders Group, Inc. Common Stock. These Restricted Share Units were granted under the issuer's 2004 Long-Term Incentive Plan. The restrictions on these Restricted Share Units are due to lapse on December 31, 2007. In accordance with the Director's elections to defer receipt for a period of time, the shares (or, in the issuer's discretion, an equivalent value in cash) will be delivered when the deferral period ends.

Issuer

BORDERS GROUP INC

CIK 0000940510

Entity typeoperating
IncorporatedMI

Related Parties

1
  • filerCIK 0000940510

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:52 AM ET
Size
9.6 KB