BANU JOHN E 4
4 · MEADWESTVACO Corp · Filed May 25, 2012
Insider Transaction Report
Form 4
BANU JOHN E
CONTROLLER
Transactions
- Sale
Common Stock
2012-05-24$28.00/sh−11,283$315,924→ 11,844 total - Exercise/Conversion
Common Stock
2012-05-24$27.81/sh+11,283$313,780→ 23,127 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-05-24−11,283→ 125,078 totalExercise: $27.81Exp: 2012-05-24→ Common Stock (11,283 underlying)
Footnotes (2)
- [F1]The options vested in three equal installments on May 24, 2003, 2004 and 2005
- [F2]The stated number of shares subject to the MeadWestvaco Corporation options reflects the addition of 15,511 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.