Finn William 4
4 · SCHWEITZER MAUDUIT INTERNATIONAL INC · Filed Jan 2, 2018
Insider Transaction Report
Form 4
Finn William
Director
Transactions
- Award
Phantom Stock Units
2017-12-29$45.36/sh+43$1,950→ 4,728 totalExercise: $0.00From: 1998-08-08Exp: 1998-08-08→ SWM Common Stock (43 underlying) - Award
SWM Common Stock
2018-01-02$45.36/sh+468$21,228→ 21,289 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.