4//SEC Filing
Dean Steven G 4
Accession 0001127602-12-022931
CIK 0000899597other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 6:07 PM ET
Size
10.5 KB
Accession
0001127602-12-022931
Insider Transaction Report
Form 4
Dean Steven G
Sr VP, CFO
Transactions
- Award
Common Stock
2012-07-24+7,258→ 61,510 total - Award
Employee Stock Option (Right to Buy)
2012-07-24+4,794→ 4,794 totalExercise: $29.39From: 2013-07-24Exp: 2022-07-24→ Common Stock (4,794 underlying) - Award
Common Stock
2012-07-24+2,794→ 54,252 total
Holdings
- 7,194(indirect: BKI Retirement Plan)
Common Stock
Footnotes (3)
- [F1]Restricted Stock ("RS") issued pursuant to the 2007 Omnibus Incentive Compensation Plan; the RS will vest in three equal installments beginning on the first anniversary of the grant date.
- [F2]Each Performance Share represents a contingent right to receive one share of the Company's common stock. The Performance Shares vest on June 30, 2015 upon achievement of certain performance criteria based on total shareholder return ("TSR") from July 1, 2012 to June 30, 2015 (the "Performance Period"). If the Company's TSR is in the 25th percentile of its Peer Grp TSR at the end of the Performance Period (the "Threshold"), then 25% of the Performance Shares will vest. If the Company's TSR is above the Threshold, but at or below the 50th percentile of the Peer Grp TSR at the end of the Performance Period, then the Performance Shares will vest as follows: 25% of the Performance Shares plus an additional 1% of the Performance Shares for each full percentile that the Company's TSR exceeds the 25th percentile of the Peer Grp TSR at the end of the Performance Period. If the Company's TSR is above the 50th percentile of the Peer Grp TSR at the end of the Performance Period, but below the 75th percentile of the Peer Grp TSR at the end of the Performance Period, then the Performance Shares will vest as follows: 50% of the Performance Shares plus an additional 2% of the Performance Shares for each full percentile that the Company's TSR exceeds the 50th percentile of the Peer Grp TSR at the end of the Performance Period. If the Company's TSR equals or exceeds the 75th percentile of the Peer Grp TSR at the end of the Performance Period (the "Target"), then 100% of the Performance Shares will vest.
- [F3]Options will vest and become exercisable in three equal annual installments beginning on the first anniversary of grant date.
Documents
Issuer
BUCKEYE TECHNOLOGIES INC
CIK 0000899597
Entity typeother
Related Parties
1- filerCIK 0001368434
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 6:07 PM ET
- Size
- 10.5 KB