CLARK KIM B 4
4 · BLACK & DECKER CORP · Filed Jan 5, 2009
Insider Transaction Report
Form 4
CLARK KIM B
Director
Transactions
- Exercise/Conversion
Common Stock
2009-01-02+8,355→ 8,398 total - Exercise/Conversion
Phantom Stock
2009-01-02−8,355→ 0 totalExercise: $0.00From: 2009-01-02Exp: 2009-01-02→ Common Stock (8,355 underlying)
Footnotes (3)
- [F1]The shares were acquired by the reporting person pursuant to the settlement of Phantom Stock acquired under the Non-Employee Directors Stock Plan (the "Stock Plan"). This amount includes 237.746 shares of Phantom Stock accrued pursuant to a dividend reinvestment feature of the Stock Plan.
- [F2]The shares of Phantom Stock convert on a 1 for 1 basis.
- [F3]The referenced Phantom Stock was acquired pursuant to the deferred compensation provisions of the Stock Plan and is settled in shares of Common Stock under the terms of the Stock Plan and as directed by the reporting person.