JORDAN MICHAEL D 4
4 · OVERNITE CORP · Filed Jun 17, 2005
Insider Transaction Report
Form 4
OVERNITE CORPOVNT
JORDAN MICHAEL D
Director
Transactions
- Award
Phantom Stock Units
2005-06-16$42.82/sh+0.55$24→ 586.55 total→ Common Stock (0.55 underlying)
Footnotes (3)
- [F1]The conversion price of each phantom stock unit is the cash value on each transaction date of one share of Overnite common stock.
- [F2]These phantom stock units represent the value of dividends reinvested on amounts previously earned and deferred by the reporting person.
- [F3]Each phantom stock unit is to be settled at the election of the reporting person in lieu of cash pursuant to the Overnite Corporation Directors' Deferred Compensation Plan.