PLAYTEX PRODUCTS INC 4
4 · PLAYTEX PRODUCTS INC · Filed Jun 16, 2005
Insider Transaction Report
Form 4
DEFEO NEIL P
DirectorPresident and CEO
Transactions
- Award
Common Stock
2005-06-14$0.01/sh+612,658$6,127→ 622,658 total
Holdings
- 6,900(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Restricted Performance Stock vests in amounts of 204,220, 204,219 & 204,219 on the last day of the fiscal year in 2006, 2007 and 2008 of the Company, respectively, provided the Executive remains employed and that Playtex Products, Inc. attains established performance targets. If the Company attains at least 90% of the performance target for any fiscal year, 50% of the annual vesting portion shall vest, and up to 100% of the annual vesting portion shall vest if 100% or more of the target is met, determined using straight line interpolation.
- [F2]To date, 612,658 shares of common stock are restricted stock, 10,000 shares are owned directly and unrestricted and 6,900 shares are held indirectly in the name of a trust that the reporting person's wife is co-trustee of.