EL PASO CORP/DE 4
4 · EL PASO CORP/DE · Filed Jan 7, 2004
Insider Transaction Report
Form 4
WALLOP MALCOLM
Director
Transactions
- Award
Deferred Common Stock Units
2004-01-05+216→ 48,933 totalExercise: $0.00→ Common Stock (216 underlying)
Footnotes (2)
- [F1]The stock units were allocated to the reporting person's account at a market price of $8.43.
- [F2]Each stock unit represents one share of common stock and is held in the Benefits Protection Trust, a grantor trust, of which the reporting person is a beneficiary, and of which the shares are subject to the general creditors of the Company. The stock units are payable in common stock following the date the reporting person ceases to be a director.