FOLZ THEO W 4
4 · M & F WORLDWIDE CORP · Filed May 20, 2010
Insider Transaction Report
Form 4
FOLZ THEO W
Director
Transactions
- Award
Stock Units
2010-05-18+1,567→ 7,997 total→ Common Stock (1,567 underlying)
Footnotes (4)
- [F1]These stock units were issued because of the reporting person's participation in the issuer's Amended and Restated Outside Directors Deferred Compensation Plan (the "Plan"), under which director fees otherwise payable in cash may be paid in the form of stock units. This Form 4 is being filed in respect of a May 18, 2010 grant to the reporting person under the Plan of 1,567 stock units. As of May 18, 2010, the reporting person has been granted a total of 7,997 stock units under the Plan.
- [F2]Each stock unit is the economic equivalent of one share of the issuer's common stock.
- [F3]The stock units will be paid in the form of either cash or shares of the issuer's common stock after the termination of the reporting person's tenure as a director of the issuer.
- [F4]The stock units were granted based on the closing market price of the common stock of the issuer on May 18, 2010 of $31.90, in respect of $50,000 of deferred compensation.