SCHWEITZER MAUDUIT INTERNATIONAL INC 4
4 · SCHWEITZER MAUDUIT INTERNATIONAL INC · Filed Jul 5, 2017
Insider Transaction Report
Form 4
ARNOLD CLAIRE L
Director
Transactions
- Award
Phantom Stock Units
2017-06-30$37.23/sh+617$22,971→ 55,319 totalExercise: $0.00From: 1998-08-08Exp: 1998-08-08→ SWM Common Stock (617 underlying) - Award
SWM Common Stock
2017-07-03$37.23/sh+537$19,993→ 12,073 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 Exhibit 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.