Pryor Daniel C 4/A
4/A · WILSHIRE OIL CO OF TEXAS · Filed Feb 24, 2005
Insider Transaction Report
Form 4/AAmended
Pryor Daniel C
President, COO
Transactions
- Award
Common Stock
2005-01-07+18,400→ 54,100 total - Award
Common Stock
2005-01-14+16,000→ 35,700 total
Holdings
- 10,800(indirect: By Mr. Pryor as custodian for his son)
Common Stock
Footnotes (5)
- [F1]These shares of common stock were awarded as a 2004 stock bonus pursuant to Article 16 of the company's 2004 Stock Option and Incentive Plan. The 2004 stock bonus is consistent with the recommendations provided by an independent compensation consultant to the company.
- [F2]N/A.
- [F3]This amendment is being filed to change the date this award was granted, from January 14, 2005 to January 7, 2005.
- [F4]These shares of common stock were awarded as a 2004 long-term incentive pursuant to Article 13 of the company's 2004 Stock Option and Incentive Plan. Such shares vest in three equal annual installments beginning one year after the date of grant so long as Mr. Pryor has not voluntarily terminated his employment with the company or been terminated for cause at the respective vesting dates, all in accordance with the Plan. The 2004 long-term incentive is consistent with the recommendations provided by an independent compensation consultant to the company. Using its authority to do so, the Compensation Committee approved the restricted stock grant on January 7, 2005. This grant was reaffirmed by the full Board of Directors on January 14, 2005.
- [F5]N/A.