WELSH CARDEN N 4
4 · TIMBERLAND CO · Filed Mar 4, 2011
Insider Transaction Report
Form 4
WELSH CARDEN N
SVP Chief Admin Officer
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2011-03-02$19.45/sh+46,942$913,022→ 46,942 totalExercise: $19.45From: 2012-03-04Exp: 2020-03-04→ Class A Common Stock (46,942 underlying)
Footnotes (1)
- [F1]70,400 options were granted on March 4, 2010. Such options were granted subject to the Company's financials performance in fiscal 2010 as approved by the Board of Directors or a committee therof. The Management Development and Compensation Committee determined on March 2, 2011 that 46,942 options were earned based upon the Company's financial performance in fiscal year 2010. These options will vest in three equal installments beginning March 4, 2012