BOEING CO 4
4 · BOEING CO · Filed Jun 7, 2005
Insider Transaction Report
Form 4
BAIN DOUGLAS G
Sr. V.P. General Counsel
Transactions
- Exercise/Conversion
Deferred Compensation Units
2005-06-03+21.4→ 139,316.44 total(indirect: Deferred Compensation Stock Program)→ Common (21.4 underlying) - Award
Deferred Compensation Units
2005-06-03+5.4→ 139,321.84 total(indirect: Deferred Compensation Stock Program)→ Common (5.4 underlying) - Exercise/Conversion
2003 Performance Shares
2005-06-03−21.36→ 0 totalExp: 2008-02-23→ Common (21.36 underlying)
Footnotes (7)
- [F1]Performance shares convert on 1 for 1 basis on vesting
- [F2]Dividend allocated to Performance Share Account under the Deferred Compensation Plan.
- [F3]2003 Performance Shares vest in the following installments when the average daily closing price of Boeing stock reaches, for a specified period, the following dollar levels: 15% at $42.38, 30% at $45.41, 45% at $48.43, 60% at $51.46, 75% at $54.49, 90% at $57.51, 100% at $60.54, 110% at $63.57, 120% at $66.59, and 125% at $68.11.
- [F4]Includes adjustments for dividends accrued
- [F5]Phantom stock units are convertible into common stock on a 1-for-1 basis.
- [F6]Phantom stock units acquired by reporting person pursuant to the Company's Deferred Compensation Plan. Units are payable in stock or cash following termination for retirement, death, disability or layoff. Company match contributions are forfeited upon termination for any reason other than retirement, death, disability or layoff.
- [F7]Performance Share company match allocated to reporting person's performance share account under the deferred compensation plan.