IPSCO INC 4
4 · IPSCO INC · Filed Jul 7, 2006
Insider Transaction Report
Form 4
IPSCO INCIPS
Grandin Michael A
Director
Transactions
- Award
Deferred Share Units
2006-07-06+51.94→ 3,605.041 totalExercise: $0.00→ Common Shares (51.94 underlying)
Footnotes (3)
- [F1]Deferred Share Units (DSU's) are payable by way of common shares or cash at the time a director retires from the Board.
- [F2]There is no expiration date for DSU's.
- [F3]DSU's are valued with reference to the trading price of common shares at the time of payment as set forth in Note 1 above.