AUGUSTINE NORMAN R 4
4 · BLACK & DECKER CORP · Filed May 4, 2009
Insider Transaction Report
Form 4
AUGUSTINE NORMAN R
Director
Transactions
- Award
Phantom Stock
2009-04-30$40.30/sh+6,253.102$252,000→ 31,097.446 total→ Common Stock (6,253.102 underlying)
Footnotes (3)
- [F1]The shares of Phantom Stock convert to Common Stock on a 1 for 1 basis.
- [F2]The referenced Phantom Stock was acquired pursuant to the deferred compensation provisions of the Non-Employee Directors Stock Plan (the "Stock Plan")and will be settled in shares of Common Stock under the terms of the Stock Plan upon the reporting person's termination of service as a director. The reporting person elected to acquire the Phantom Stock in lieu of cash and Common Stock otherwise payable by the Corporation to the reporting person.
- [F3]Includes 714.0388 shares of Phantom Stock accrued pursuant to a dividend reinvestment feature of the Stock Plan.