DUNCAN JAMES D 4
4 · SMURFIT STONE CONTAINER CORP · Filed Feb 25, 2005
Insider Transaction Report
Form 4
DUNCAN JAMES D
Vice President, Corporate Sale
Transactions
- Award
Restricted Stock Units
2005-02-23+10,833→ 21,620 total - Other
Restricted Stock Units
2005-02-23$15.20/sh+3,171$48,199→ 24,791 total - Award
Stock Option
2005-02-23+32,500→ 32,500 totalExercise: $16.37From: 2008-02-23Exp: 2015-02-23→ Common Stock (32,500 underlying)
Footnotes (3)
- [F1]Restricted Stock Units granted under the Company's 2004 Long Term Incentive Plan. The RSUs convert to shares of common stock on the third anniversary of the award date. One-third of the RSUs vest on each of the first, second and third anniversaries of the award date but, except in the event of retirement, disability or severance, none of them will be converted to shares until the third anniversary of the award date.
- [F2]Restricted Stock Units awarded under the Company's Management Incentive Plan, consisting of employee-directed deferral of earned bonus, and Company premium. The RSUs convert to shares of common stock on the third anniversary of the award date. The Company premium RSUs vest one-third each year on the first, second and third anniversary of the award date but, except in the event of retirement, disability or severance, none of them will be converted to shares until the third anniversary of the award date.
- [F3]Options granted pursuant to Smurfit-Stone Container Corporation 2004 Long Term Incentive Plan.