NORTHWEST AIRLINES CORP 4
4 · NORTHWEST AIRLINES CORP · Filed Jun 13, 2005
Insider Transaction Report
Form 4
HAAN PHILIP C
EVP- Intl, Alliances & IT
Transactions
- Disposition to Issuer
Phantom Stock Units
2005-06-09$5.54/sh−13,200$73,128→ 13,200 totalFrom: 2005-06-09Exp: 2005-06-09→ Common Stock (13,200 underlying) - Award
Phantom Stock Units
2005-06-09+26,400→ 26,400 totalFrom: 2005-06-09Exp: 2005-06-09→ Common Stock (26,400 underlying)
Holdings
- 287,962
Common Stock
Footnotes (2)
- [F1]Upon satisfaction of certain pre-established performance standards, 26,400 previously awarded phantom stock units vested and 13,200 of such units were settled in cash in a transaction exempt under Section 16b-3. Vested units that remained outstanding upon expiration of the award were forfeited in accordance with the terms of the award.
- [F2]The phantom stock units are payable in cash on a 1-for-1 basis with the common stock.