CHAUVIERE E CHARLS 4
4 · HYDRIL CO · Filed Jun 5, 2006
Insider Transaction Report
Form 4
HYDRIL COHYDL
CHAUVIERE E CHARLS
VP-Pressure Control
Transactions
- Exercise/Conversion
Common Stock
2006-06-01+1,560→ 5,462 total - Tax Payment
Common Stock
2006-06-01$75.20/sh−413$31,058→ 5,049 total - Exercise/Conversion
Restricted Stock Units
2006-06-01−1,560→ 1,040 totalFrom: 2006-06-01→ Common Stock (1,560 underlying) - Award
Restricted Stock Units
2006-06-01+2,650→ 2,650 total→ Common Stock (2,650 underlying)
Footnotes (2)
- [F1]No common stock will be issued until the restricted stock units vest and are automatically converted to common stock on a one-for-one basis as follows: 60% on June 1, 2009, 20% on June 1, 2010 and 20% on June 1, 2011.
- [F2]The reporting person was granted 2,600 restricted stock units on June 1, 2003, which vest as follows: 60% on June 1, 2006, 20% on June 1, 2007 and 20% on June 1, 2008. The restricted stock units settle automatically in shares of common stock on a one-for-one basis upon vesting.