Home/Filings/4/0001179110-06-015824
4//SEC Filing

IPSCO INC 4

Accession 0001179110-06-015824

CIK 0000879933operating

Filed

Jul 30, 8:00 PM ET

Accepted

Jul 31, 2:14 PM ET

Size

13.1 KB

Accession

0001179110-06-015824

Insider Transaction Report

Form 4
Period: 2006-07-27
Maindonald Edwin Greg
V.P.--Operations Services
Transactions
  • Award

    Performance Units

    2006-07-27+2,9446,624 total
    Exercise: $0.00From: 2009-06-30Common Shares (2,944 underlying)
  • Disposition to Issuer

    Restricted Shares

    2006-07-27$84.91/sh2,821$239,53116,185 total
  • Tax Payment

    Restricted Shares

    2006-07-27$84.91/sh1,179$100,10913,364 total
  • Award

    Common Shares

    2006-07-27$84.91/sh+2,821$239,53113,364 total
  • Award

    Common Shares

    2006-07-27+1,40214,543 total
Footnotes (6)
  • [F1]The award of common shares noted is subject to a three-year performance period ending June 30, 2009.
  • [F2]Price is calculted with reference to the closing price of IPSCO Inc. stock on the TSX on July 21, 2006 and converted to US dollars using the Bank of Canada's exchange rate on such date of 1.1384.
  • [F3]The noted restriced shares have been converted to common shares as a result of completion of the performance period attached to such shares.
  • [F4]The common shares noted refer to the conversion of the restricted shares in Note 2 to common shares of IPSCO Inc.
  • [F5]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, cash or a combination of both. There is no express expiration date for performance units.
  • [F6]Price is calculated with reference to the closing of IPSCO Inc. stock on the TSX and converted to US Dollars using the Bank of Canada's exchange rate on such date.

Issuer

IPSCO INC

CIK 0000879933

Entity typeoperating

Related Parties

1
  • filerCIK 0000879933

Filing Metadata

Form type
4
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 2:14 PM ET
Size
13.1 KB