IPSCO INC 4
4 · IPSCO INC · Filed Jul 31, 2006
Insider Transaction Report
Form 4
IPSCO INCIPS
MacPhail Peter Estey
V.P. Primary Operations
Transactions
- Award
Performance Units
2006-07-27+5,120→ 19,520 totalExercise: $0.00From: 2009-06-30→ Common Shares (5,120 underlying)
Footnotes (2)
- [F1]A Performance Unit or "PU" is a bookkeeping entry equal to one common share of IPSCO Inc. It is payable on the noted date only upon the satisfaction of the express performance objectives over the express performance period. PU's may be paid in the form of common shares, cahs or a combination of both. There is no express expiration date for performance units.
- [F2]Price is calculated with reference to the closing of IPSCO stock on the TSX on July 26, 2006 and converted to US dollars using the Bank of Canada's exchange rate on such date of ______.