ACUITY BRANDS INC 4
4 · ACUITY BRANDS INC · Filed Nov 5, 2003
Insider Transaction Report
Form 4
DAVIS JAY M
Director
Transactions
- Award
Stock Units
2003-11-03$21.23/sh+7$149→ 1,007 total→ Common Stock (7 underlying)
Footnotes (3)
- [F1]Stock Units are accrued under the Issuer's Nonemployee Directors' Deferred Stock Unit Plan and are payable in cash upon retirement. Accruals include an annual grant, required and elective deferral of director fees, and reinvestment of dividend equivalents. During the Reporting Period, dividends paid resulted in an increase in the number of units held.
- [F2]1-for-1
- [F3]Stock Units are payable in cash upon retirement in either a lump sum or five annual installments.