DREHER MELANIE 4
4 · BEVERLY ENTERPRISES INC · Filed Sep 3, 2004
Insider Transaction Report
Form 4
DREHER MELANIE
Director
Transactions
- Award
PHANTOM STOCK UNITS
2004-09-01+152.521→ 11,840.521 totalFrom: 2004-09-01→ $.10 Par Value Common Stock (152.521 underlying)
Footnotes (2)
- [F1]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.
- [F2]Each Deferred Share Unit has a value equal to one share of common stock of Beverly.