DAVIS JAY M 4
4 · ACUITY BRANDS INC · Filed Jun 30, 2006
Insider Transaction Report
Form 4
DAVIS JAY M
Director
Transactions
- Disposition to Issuer
Stock Units
2006-06-29$39.27/sh−325$12,763→ 10,657 total→ Common Stock (325 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]Effective June 29, 2006, the Board amended and restated the Nonemployee Director Deferred Compensation Plan (formerly known as the Nonemployee Director Deferred Stock Unit Plan). As a result of this amendment and restatement, any share units previously credited to a director's account as a result of dividend reinvestment were converted to cash and will be credited to the cash Investment Fund. The remaining share units will be held in the Deferred Stock Unit account and be payable in common stock of the Issuer at the time of distribution.
- [F3]Stock units are payable in common stock of the Issuer upon retirement in either a lump sum or five annual installments.