FAIN JOHN W 4/A
4/A · OVERNITE CORP · Filed Feb 2, 2005
Insider Transaction Report
Form 4/AAmended
OVERNITE CORPOVNT
FAIN JOHN W
SVP-Mkting/Sales,Overnite Tran
Transactions
- Award
Common Stock (Restricted)
2005-01-27$32.10/sh+5,000$160,500→ 30,000 total - Award
Phantom Stock
2005-01-27+15,187→ 32,007 total→ Common Stock (15,187 underlying)
Footnotes (2)
- [F1]These restricted shares are awarded under the Overnite Corporation Executive Incentive Compensation and Deferral Plan and vest in full on January 27, 2008.
- [F2]This phantom stock results from the deferral of all or part of the Reporting Person's incentive award pursuant to the Overnite Corporation Executive Incentive Compensation and Deferral Plan, vests on January 27, 2008, and is payable only in shares of common stock in a distribution ratio of 1:1 upon the earlier of (a) termination or (b) a certain date elected by the Reporting Person.