CHAUVIERE E CHARLS 4
4 · HYDRIL CO · Filed Jun 2, 2004
Insider Transaction Report
Form 4
HYDRIL COHYDL
CHAUVIERE E CHARLS
VP-Pressure Control
Transactions
- Award
Employee stock option (right to buy)
2004-06-01+15,300→ 15,300 totalExercise: $28.79Exp: 2014-06-01→ Common stock (15,300 underlying) - Award
Restricted stock units
2004-06-01+5,600→ 5,600 total→ Common stock (5,600 underlying)
Footnotes (2)
- [F1]The option vests in five equal annual installments beginning June 1, 2005.
- [F2]No common stock will be issued until the restricted stock units vest and are automatically converted to common stock on a one-for-one basis as follows: 60% on June 1, 2007, 20% on June 1, 2008 and 20% on June 1, 2009.