4//SEC Filing
IPSCO INC 4
Accession 0001179110-06-015850
CIK 0000879933operating
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 4:25 PM ET
Size
13.1 KB
Accession
0001179110-06-015850
Insider Transaction Report
Form 4
IPSCO INCIPS
Britten David
V.P. Corporate Development
Transactions
- Disposition to Issuer
Restricted shares
2006-07-27$84.91/sh−5,076$431,003→ 18,588 total - Award
Common Shares
2006-07-27$84.91/sh+5,076$431,003→ 23,664 total - Award
Performance Units
2006-07-27+2,944→ 6,624 totalExercise: $0.00From: 2009-06-30→ Common shares (2,944 underlying) - Award
Common Shares
2006-07-27+2,944→ 25,788 total - Tax Payment
Restricted shares
2006-07-27$84.91/sh−2,124$180,349→ 23,664 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 calculated 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 restricted 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.
Documents
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, 4:25 PM ET
- Size
- 13.1 KB