GARRETT WILLIAM F 4
4 · DELTA WOODSIDE INDUSTRIES INC /SC/ · Filed Aug 24, 2004
Insider Transaction Report
Form 4
GARRETT WILLIAM F
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Phantom
2004-08-20$0.90/sh−4,800$4,320→ 19,200 totalExercise: $0.00→ Common Stock, $.01 Par Value (4,800 underlying) - Disposition to Issuer
Common Stock, $.01 Par Value
2004-08-20−7,200→ 140,909.56 total - Exercise/Conversion
Common Stock, $.01 Par Value
2004-08-20+4,800→ 152,909.56 total - Disposition to Issuer
Common Stock, $.01 Par Value
2004-08-20$0.90/sh−4,800$4,320→ 148,109.56 total
Footnotes (2)
- [F1]These phantom stock units were allocated under the Company's 2004 Restricted Stock Plan and will be settled on a 1 for 1 basis upon vesting of outstanding restricted stock awards at or about the Company's year-end for each of 2004, 2005 and 2006. Vesting with respect to 50% of the units are dependent upon the achievement of certain service criteria and 50% upon the achievement of certain performance criteria.
- [F2]The number of shares shown in Column 9 reflects changes in the number of shares beneficially owned by the reporting person due to the forfeiture of a number of phantom units.