BEVERLY ENTERPRISES INC 4
4 · BEVERLY ENTERPRISES INC · Filed Sep 3, 2004
Insider Transaction Report
Form 4
FOWLER JOHN D JR
Director
Transactions
- Award
PHANTOM STOCK UNITS
2004-05-20+15,385→ 60,301.446 totalFrom: 2004-05-20→ $.10 Par Value Common Stock (15,385 underlying) - Award
PHANTOM STOCK UNITS
2004-09-01+1,145.304→ 63,918.243 totalFrom: 2004-09-01→ $.10 Par Value Common Stock (1,145.304 underlying)
Footnotes (3)
- [F1]Annual Grant of Restricted Stock Units, the value of which was 100% deferred by the director. The deferred amount will be paid in shares of Beverly stock upon retirement from the Board or, if earlier, upon his/her death or disability
- [F2]These units of phantom stock have been granted under the Non-Employee Director Deferred Compensation Plan and are credited to a deferred share unit account each month, to be paid to the director, or, in the case of his/her death prior to retirement from the Board, his/her beneficiary(ies), in stock (or, with the Board's approval, in cash) upon his/her retirement from the Board, death or disability.
- [F3]Each Deferred Share Unit has a value equal to one share of common stock of Beverly.