SCHWEITZER MAUDUIT INTERNATIONAL INC 4
4 · SCHWEITZER MAUDUIT INTERNATIONAL INC · Filed Jul 2, 2007
Insider Transaction Report
Form 4
Iraola Manuel J
Director
Transactions
- Award
Phantom Stock Units
2007-06-29$31.00/sh+15.13$469→ 3,142.026 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (15.13 underlying) - Award
Phantom Stock Units
2007-07-02$31.00/sh+298.387$9,250→ 3,440.413 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (298.387 underlying)
Holdings
- 1,000
SWM Common Stock
Footnotes (3)
- [F1]Dividends credited pursuant to the Director' election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors ("Plan"). The Plan was filed as Exhibit 10.15 to the 2004 10-K.
- [F2]Stock Units can be converted to cash or SWM common stock upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan. Conversion into shares or cash is based on the fair market value of SWM common stock on the date of conversion.
- [F3]Director's quarterly retainer deferred pursuant to the Director's election in accordance with the Schweitzer-Mauduit International Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors.