GARDNER DENVER INC 4
4 · GARDNER DENVER INC · Filed Jul 5, 2006
Insider Transaction Report
Form 4
MCKENNA THOMAS M
Director
Transactions
- Award
Phantom Stk Units
2006-06-30$35.18/sh+305.5$10,747→ 32,409.1 total→ Common Stk (305.5 underlying) - Award
Phantom Stk Units
2006-06-30$35.18/sh+49.7$1,748→ 32,103.6 total→ Common Stk (49.7 underlying)
Footnotes (4)
- [F1]The cash value of these units will be distributed to the director or beneficiary on the first day of the month following the date upon which the director ceases to be a director of the Company for any reason, (or in no more than twelve installments beginning on the aforementioned date) pursuant to the Company's Phantom Stock Plan for Outside Directors (the "Phantom Plan").
- [F2]These phantom stock units were accrued under the Phantom Plan as a result of an election by the reporting person to defer compensation.
- [F3]The security converts to common stock on a one-for-one basis.
- [F4]Cumulative phantom units accumulated by director during his Board tenure. The cumulative number of phantom units held by the director has been adjusted, in accordance with the terms of the Phantom Plan, to reflect the split in phantom units effected in connection with, and as a consequence of, the June 1, 2006 stock split in the form of a 100% stock dividend of the Company's common stock.