MAGNETEK, INC. 4
4 · MAGNETEK, INC. · Filed Jul 3, 2007
Insider Transaction Report
Form 4
CROSS DEWAIN K
Director
Transactions
- Award
Director Stock Options
2007-06-29$5.18/sh+7,500$38,888→ 7,500 totalExercise: $5.18Exp: 2017-06-29→ Common Stock (7,500 underlying) - Award
Phantom Stock Units
2007-06-29$5.18/sh+2,507.232$13,000→ 64,227.405 totalExercise: $0.00→ Common Stock (2,507.232 underlying)
Footnotes (3)
- [F1]1 for 1
- [F2]The Phantom stock units were accrued under the Magnetek, Inc. Amemded and Restated Director and Officer Compensation and Deferral Investment Plan and will be settled in shares of Magnetek, Inc. common stock upon the reporting person's termination of service as a director of Magnetek, Inc.
- [F3]The options vest 50% on the first anniversary of the transaction date and the remaining 50% on the second anniversary.