MACBAIN LOUISE T BLOUIN 4
4 · CENDANT CORP · Filed Jul 28, 2005
Insider Transaction Report
Form 4
MACBAIN LOUISE T BLOUIN
Director
Transactions
- Award
Common Stock (series designated CD stock)
2005-07-26$21.57/sh+5,000$107,850→ 5,000 total(indirect: Dirs. NQ Def. Comp. Plan) - Award
Common Stock (series designated CD stock)
2005-07-26$21.57/sh+747$16,113→ 5,747 total(indirect: Dirs. NQ Def. Comp. Plan)
Footnotes (2)
- [F1]Award represents an incentive grant of 5,000 shares of Common Stock pursuant to the 1997 Stock Incentive Plan. All shares subject to the Award are required to be deferred into the 1999 Non-Employee Directors Deferred Compensation Plan and converted into deferred stock units thereunder. All such deferred stock units are immediately vested, however, they will remain deferred until termination of service as a director in accordance with the terms of the plan, at which time they will be distributed in the form of shares of Common Stock. No monetary consideration was paid by the reporting person.
- [F2]Award represents third 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 in accordance with the plan.