SCHWEITZER MAUDUIT INTERNATIONAL INC 4
4 · SCHWEITZER MAUDUIT INTERNATIONAL INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
Finn William
Director
Transactions
- Award
Phantom Stock Units
2016-09-30$38.56/sh+45$1,735→ 4,501 totalExercise: $0.00From: 1998-08-08Exp: 1998-08-08→ SWM Common Stock (45 underlying) - Award
SWM Common Stock
2016-10-03$38.56/sh+518$19,974→ 18,881 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 No. 2 for Non-Employee Directors ("Plan"). The Plan was filed as Exhibit 10.15 to the 2004 10-K.
- [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.