BORDERS GROUP INC 4
4 · BORDERS GROUP INC · Filed Jan 3, 2008
Insider Transaction Report
Form 4
MEDFORD EDNA GREENE
Director
Transactions
- Award
Common Stock
2008-01-02$10.65/sh+470$5,006→ 12,341 total - Award
Restricted Share Units
2008-01-02+4,224→ 6,602 total→ Common Stock (4,224 underlying)
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 2008. The restrictions on these shares are due to lapse on December 31, 2008.
- [F2]These Restricted Share Units constitute a portion of the fees payable for services as a Director during the year 2008. Each Restricted Share Unit represents a contingent right to receive one share of Borders Group, Inc. Common Stock or, in the issuer's discretion, an equivalent value in cash. 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, 2008. Settlement of the Units will be deferred pursuant to a deferral election made by the Director.