BEVERLY ENTERPRISES INC 4
4 · BEVERLY ENTERPRISES INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
HOWE JOHN P MD
Director
Transactions
- Award
PHANTOM STOCK UNITS
2006-01-03+535.426→ 46,763.1 totalFrom: 2006-01-03→ $.10 Par Value Common Stock (535.426 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.