Embarq CORP 4
4 · Embarq CORP · Filed Jun 2, 2006
Insider Transaction Report
Form 4
FULLER MICHAEL B
Chief Operating Officer
Transactions
- Other
Stock Units
2006-05-31−0.185→ 2.586 totalExercise: $41.82→ Common Stock (0.185 underlying) - Other
Share Units
2006-05-31−756.071→ 2.771 totalExercise: $41.67→ Common Stock (756.071 underlying)
Footnotes (2)
- [F1]This disposition occurred automatically in connection with the spin-off by Sprint Nextel Corporation ("Sprint") of the issuer under the terms of a deferred compensation plan maintained Sprint.
- [F2]Share units are issued under Sprint Nextel Corporation's Executive Deferred Compensation Plan (the "Plan") and are convertible into an amount of cash equal to the value of the issuer's common stock upon the reporting person's retirement, death, or termination of employment in accordance with the terms of the Plan. Termination of employment occurred as a result of the issuer's spin-off from Sprint Nextel Corporation.