WALTER INDUSTRIES INC /NEW/ 4
4 · WALTER INDUSTRIES INC /NEW/ · Filed Feb 21, 2007
Insider Transaction Report
Form 4
OHRT WILLIAM F
Executive Vice Pres and CFO
Transactions
- Tax Payment
Common Stock
2007-02-19$24.68/sh−3,187$78,655→ 33,964.22 total
Holdings
- 28,038(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Payment of tax liability by delivering securities incident to the vesting of a security issued in accordance with Rule 16b-3.
- [F2]Includes shares held by Reporting Person under Employee Stock Purchase Plan.
- [F3]Reflects an anti-dilution adjustment to previously granted equity awards under the Company's long term incentive plans in connection with the spin-off of Mueller Water Products, Inc. The equity award adjustment was effected by multiplying the number of outstanding shares underlying the equity awards by 1.9426. This adjustment ratio was obtained by dividing the closing price of the Issuer's common stock in the "regular way" market on December 14, 2006 ($49.05) by the "ex-dividend" opening price of the Issuer's common stock on the New York Stock Exchange on December 15, 2006 ($25.25).