Cross Mark S 4
4 · MEADWESTVACO Corp · Filed May 24, 2012
Insider Transaction Report
Form 4
Cross Mark S
Senior Vice President
Transactions
- Sale
Common Stock
2012-05-22$27.76/sh−25,000$694,055→ 59,854 total - Exercise/Conversion
Common Stock
2012-05-22$8.05/sh+25,000$201,250→ 84,854 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-05-22−25,000→ 278,467.73 totalExercise: $8.05Exp: 2019-02-23→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2012-05-22$27.76/sh−20,000$555,244→ 39,854 total
Footnotes (2)
- [F1]The options vested in three equal installments on May 24, 2010, 2011 and 2012
- [F2]The stated number of shares subject to the MeadWestvaco Corporation options reflects the addition of 34,528.1025 shares and the stated exercise price of the options reflects a reduction of 11.38%, each made pursuant to antidilution adjustments resulting from the spin-off of MeadWestvaco Corporation's Consumer and Office Products business that was consummated on May 1, 2012.