MAGDOL MICHAEL O 4
4 · ARCH CHEMICALS INC · Filed Jan 5, 2004
Insider Transaction Report
Form 4
MAGDOL MICHAEL O
Director
Transactions
- Award
Phantom Stock Units
2004-01-02+3,250→ 17,848.73 total→ Common Stock (3,250 underlying)
Footnotes (2)
- [F1]The security converts to common stock on a one-for-one basis.
- [F2]Phantom Shares of Common Stock are credited periodically to a deferred stock account under the Arch Chemicals, Inc. 1999 Stock Plan for Non-Employee Directors ("Directors Stock Plan") and are settled in common stock or cash following the date the reporting person ceases to be a director in a transaction exempt under 16b-3. Dividend equivalents are also credited periodically to the reporting person's stock account under the Directors Stock Plan. These dividend equivalents are exempt from reporting under Rule 16a-11 in accordance with SEC advice. Total figure includes these dividend equivalents.