SMITH ROBERT F 4
4 · CENDANT CORP · Filed Apr 28, 2005
Insider Transaction Report
Form 4
SMITH ROBERT F
Director
Transactions
- Award
Common Stock (series designated CD stock)
2005-04-26$20.03/sh+1,327$26,580→ 25,904 total(indirect: Dirs. NQ Def. Comp. Plan)
Footnotes (2)
- [F1]Award represents second quarter 2005 non-employee director retainer fee. All shares are deferred into the 1999 Non-Employee Directors Deferred Compensation Plan and converted into deferred stock units thereunder. Payable upon termination of service as a director.
- [F2]Total reflects adjustment made in connection with the distribution by Cendant of its ownership interest in PHH Corporation to its stockholders.