Phelan Kenneth 4
4 · WACHOVIA CORP NEW · Filed Oct 23, 2008
Insider Transaction Report
Form 4
Phelan Kenneth
Chief Risk Officer
Transactions
- Award
ESOP (Right to Buy)
2008-10-21$6.09/sh+40,000$243,600→ 40,000 totalExercise: $6.09From: 2009-10-21Exp: 2018-10-21→ Common Stock (40,000 underlying) - Award
Common Stock
2008-10-21+62,200→ 62,200 total - Award
Common Stock
2008-10-21+200,000→ 262,200 total
Footnotes (5)
- [F1]Provisions exist with respect to these shares to allow for the withholding of shares to satisfy tax withholding obligations.
- [F2]The Restricted Stock award will lapse upon satisfaction of certain performance goals and employment requirements.
- [F3]Includes 262,200 shares of unvested restricted stock with respect to which provisons exist to allow for the withholding of shares to satisfy tax withholding obligations.
- [F4]Provisions exist with respect to these shares to allow for the withholding of shares to satisfy tax withholding obligations and the withholding of shares in payment of the exercise price.
- [F5]The option becomes exercisable in substantially equal installments on each of the three anniversaries of the date of grant, beginning October 21, 2009.