HYDRIL CO 4
4 · HYDRIL CO · Filed Aug 17, 2004
Insider Transaction Report
Form 4
HYDRIL COHYDL
NORTH CHRIS D
Chief Financial Officer
Transactions
- Award
Restricted units
2004-08-16+3,400→ 3,400 total→ Common stock (3,400 underlying) - Award
Employee stock option (right to buy)
2004-08-16+9,400→ 9,400 totalExercise: $33.39Exp: 2014-08-16→ Common stock (9,400 underlying)
Holdings
- 225
Common stock
Footnotes (2)
- [F1]20% of the options will vest on June 1, 2005 and 20% on each June 1 thereafter through June 1, 2009.
- [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.