SWARTZ JEFFREY B 4
4 · TIMBERLAND CO · Filed Mar 7, 2011
Insider Transaction Report
Form 4
SWARTZ JEFFREY B
DirectorPresident and CEO10% Owner
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2011-03-03$19.45/sh+113,489$2,207,361→ 113,489 totalExercise: $19.45From: 2012-03-04Exp: 2020-03-04→ Class A Common Stock (113,489 underlying)
Footnotes (1)
- [F1]170,200 options were granted on March 4, 2010. Such options were granted subject to the Company's financials performance in fiscal year 2010 as approved by the Board of Directors. The Board of Directors determined on March 3, 2011 that 113,489 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