SCHWEITZER MAUDUIT INTERNATIONAL INC 4
4 · SCHWEITZER MAUDUIT INTERNATIONAL INC · Filed Jul 5, 2017
Insider Transaction Report
Form 4
Finn William
Director
Transactions
- Award
Phantom Stock Units
2017-06-30$37.23/sh+51$1,899→ 4,639 totalExercise: $0.00From: 1998-08-08Exp: 1998-08-08→ SWM Common Stock (51 underlying) - Award
SWM Common Stock
2017-07-03$37.23/sh+537$19,993→ 20,339 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.