ACUITY BRANDS INC 4
4 · ACUITY BRANDS INC · Filed Nov 5, 2007
Insider Transaction Report
Form 4
CLENDENIN JOHN L
Director
Transactions
- Award
Stock Units
2007-11-01$44.21/sh+735$32,494→ 31,940 total→ Common Stock (735 underlying) - Award
Stock Units
2007-11-01$36.82/sh+6,410$236,016→ 38,350 total→ Common Stock (6,410 underlying)
Footnotes (4)
- [F1]Stock Units are accrued under the Issuer's Nonemployee Directors' Deferred Compensation Plan (formerly known as the Nonemployee Directors' Stock Unit Plan) and are payable in shares upon retirement in either lump sum or five annual installments. Accruals include required and elective deferral of director fees. During the Reporting Period, fees paid to the Reporting Person resulted in an increase in the number of units held.
- [F2]1-for-1
- [F3]Stock Units issued pursuant to the Plan are payable in common shares upon retirement in either a lump sum or five annual installments.
- [F4]Represents an increase in stock units held in the Acuity Brands, Inc. Nonemployee Directors' Deferred Compensation Plan to adjust for the change in unit value resulting from the spin-off of Zep Inc. from Acuity Brands, Inc. on October 31, 2007.