QUALITY DISTRIBUTION INC 4
4 · QUALITY DISTRIBUTION INC · Filed Jun 6, 2005
Insider Transaction Report
Form 4
DETTER GERALD L
President and CEO
Transactions
- Award
Common Stock
2005-06-05+306,535→ 306,535 total - Award
Employee Stock Option (right to buy)
2005-06-05+250,000→ 250,000 totalExercise: $7.65Exp: 2015-06-04→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Grant of stock units by the Issuer. The stock units are payable upon vesting in shares of Issuer common stock on a 1-for-1 basis. Of the total number of stock units, 300,000 are scheduled to vest on December 31, 2006, 927 are scheduled to vest on December 31, 2005, 1,869 are scheduled to vest on December 31, 2006 and 2007 and 1,870 are scheduled to vest on December 31, 2008.
- [F2]The option vests ratably over 3.5 years beginning on December 31, 2005.