DREHER MELANIE 4
4 · BEVERLY ENTERPRISES INC · Filed Mar 3, 2005
Insider Transaction Report
Form 4
DREHER MELANIE
Director
Transactions
- Award
PHANTOM STOCK UNITS
2005-03-01+180.262→ 12,662.231 totalFrom: 2005-03-01→ $.10 Par Value Common Stock (180.262 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, 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.