4//SEC Filing
TOWE RICHARD L 4
Accession 0001008886-04-000171
CIK 0000928658other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 5:15 PM ET
Size
6.3 KB
Accession
0001008886-04-000171
Insider Transaction Report
Form 4
TOWE RICHARD L
Sr VP - Driver Services
Transactions
- Award
Employee Stock Option (Right-to-Buy) Class A Common Stock
2004-05-27+7,500→ 7,500 totalExercise: $15.71From: 2005-05-27Exp: 2014-05-27→ Class A Common Stock (7,500 underlying)
Footnotes (3)
- [F1]The option to purchase 7,500 shares of Class A Common Stock is exercisable between May 27, 2005, and May 27, 2007, at the rate of one-third per year.
- [F2]The option to purchase is subject to earlier termination in the event of termination of the reporting person's employment with the issuer. Termination provisions are set forth in the stock option agreement between the reporting person and the issuer and in the issuer's 2003 Incentive Stock Plan.
- [F3]Upon exercise, the derivative security converts on a one-for-one basis into Class A Common Stock. The reporting person does not have to pay for the derivative security upon grant. The exercise price of the derivative security is set forth in Column 2 of Table II of this report.
Documents
Issuer
COVENANT TRANSPORT INC
CIK 0000928658
Entity typeother
Related Parties
1- filerCIK 0001229383
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 5:15 PM ET
- Size
- 6.3 KB