SOREL JOHN A 4
4 · MINERALS TECHNOLOGIES INC · Filed Feb 1, 2010
Insider Transaction Report
Form 4
SOREL JOHN A
Senior Vice President
Transactions
- Award
Deferred Restricted Stock Units (DRSUs)
2009-01-28+9,700→ 18,933 total→ Common Stock (9,700 underlying) - Tax Payment
Common Stock
2010-01-28$48.27/sh−1,271$61,351→ 19,052 total - Award
Employee Stock Option (Right to Buy)
2009-01-28+16,700→ 70,826 totalExercise: $39.71Exp: 2019-01-28→ Common Stock (16,700 underlying) - Exercise/Conversion
DRSUs
2010-01-28−3,234→ 15,699 total→ Common Stock (3,234 underlying) - Exercise/Conversion
Common Stock
2010-01-28+3,234→ 20,323 total
Holdings
- 3,341(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Each DRSU is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
- [F2]Mr. Sorel has 3,341 shares of Minerals Technologies Inc. Common Stock under the Company's 401(k) Plan. The information contained in this report is based on a Plan Statement dated as of January 28, 2010.
- [F3]The options vest in three equal annual installments beginning on January 28, 2010.
- [F4]DRSUs vest in three equal annual installments beginning on January 28, 2010. Vested shares will be delivered to the reporting person upon vesting.
- [F5]Mr. Sorel was granted 9,700 DRSUs on January 28, 2009, which vest in three equal annual installments beginning on January 28, 2010.