MORROW PETER H 4
4 · OVERNITE CORP · Filed Feb 15, 2005
Insider Transaction Report
Form 4
OVERNITE CORPOVNT
MORROW PETER H
Pres. & CEO - Motor Cargo Ind.
Transactions
- Award
Phantom Stock
2005-01-27+7,009→ 12,391 total→ Common Stock (7,009 underlying)
Footnotes (1)
- [F1]This phantom stock results from the deferral of all or part of of the Reporting Person's incentive award pursuant to the Overnite Corporation Incentive Compensation and Deferral Plan, vests on January 27, 2008, and is payable only in shares of common stock in a distribution ration of 1:1 upon the earlier of (a) termination or (b) a certain date elected by the Reporting Person.