EL PASO CORP/DE 4
4 · EL PASO CORP/DE · Filed Apr 3, 2012
Insider Transaction Report
Form 4
SHAPIRO STEVEN J
Director
Transactions
- Award
Deferred Common Stock Units
2012-03-30+1,724→ 84,639 totalExercise: $0.00→ Common Stock (1,724 underlying) - Award
Deferred Common Stock Units
2012-04-02+28→ 84,667 totalExercise: $0.00→ Common Stock (28 underlying)
Footnotes (3)
- [F1]Each stock unit represents one share of common stock and is held in the Benefits Protection Trust, a grantor trust, of which the reporting person is a beneficiary, and of which the shares are subject to the general creditors of the Company. The stock units are payable in common stock following the date the reporting person ceases to be a director.
- [F2]The stock units were allocated to the reporting person's account at a market price of $29.725.
- [F3]The stock units were allocated to the reporting person's account at a market price of $29.82.