SCHWEITZER MAUDUIT INTERNATIONAL INC 4
4 · SCHWEITZER MAUDUIT INTERNATIONAL INC · Filed Apr 1, 2016
Insider Transaction Report
Form 4
Finn William
Director
Transactions
- Award
Phantom Stock Units
2016-03-31$31.48/sh+54$1,700→ 4,407 totalExercise: $0.00From: 1998-08-08Exp: 1998-08-08→ SWM Common Stock (54 underlying) - Award
SWM Common Stock
2016-04-01$31.48/sh+635$19,990→ 17,797 total
Footnotes (3)
- [F1]Director's quarterly stock retainer.
- [F2]Dividends credited pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan for Non-Employee Directors and the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors ("Plans"). The Plans were filed as Exhbiit 10.8.2 to the 1st quarter 2000 10-Q and Exhibit 10.15 to the 2004 10-K, respectively.
- [F3]Stock units can be convered to cash upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan. Conversion into cash is based on the fair market value of SWM common stock on the date of conversion.