SPANGLER ELLEN P 4
4 · UGC EUROPE INC · Filed Oct 3, 2003
Insider Transaction Report
Form 4
UGC EUROPE INCUGCE
SPANGLER ELLEN P
DirectorSr. Vice President
Transactions
- Award
Stock Appreciation Rights
2003-10-01+70,000→ 70,000 totalExercise: $56.55From: 2004-10-01Exp: 2013-10-01→ Common Stock (70,000 underlying)
Footnotes (2)
- [F1]The stock appreciation righst vest in five equal annual installments commencing October 1, 2004.
- [F2]Upon exercise, the Reporting Person will receive the difference between the exercise price and the lesser of $56.55 or the fair market value of the Issuer's common stock on the date of exercise payable in cash and/or stock at the Issuer's election.