Carino Maurice E Jr 4
4 · International Coal Group, Inc. · Filed Mar 5, 2009
Insider Transaction Report
Form 4
Carino Maurice E Jr
Director
Transactions
- Award
Restricted Share Units
2009-03-03$1.52/sh+32,895$50,000→ 32,895 total
Footnotes (1)
- [F1]Represents a contingent right to receive one share of issuer common stock upon the six-month anniversary of the date on which the director ceases to provide services, subject to director's compliance with certain confidentiality and non-disparagement provisions. The number of shares issuable was calculated by dividing $50,000 (the cash amount in respect of the annual retainer) by $1.52 (the closing stock price on the New York Stock Exchange on the grant date).