ALLAN KEITH K 4
4 · NATCO GROUP INC · Filed Jun 5, 2006
Insider Transaction Report
Form 4
ALLAN KEITH K
Director
Transactions
- Award
Common stock
2006-06-01$31.16/sh+2,500$77,900→ 12,050 total - Tax Payment
Common stock
2006-06-03$35.20/sh−150$5,280→ 11,900 total - Tax Payment
Common stock
2006-06-01$31.16/sh−300$9,348→ 9,550 total
Footnotes (5)
- [F1]Represents the date restrictions lapsed on these shares of restricted stock originally awarded on June 1, 2005.
- [F2]Represents the number of shares withheld by the Company to satisfy the tax withholding obligation with respect to recipient's shares on the date the restrictions lapsed, as provided in the restricted stock agreement with respect to the award.
- [F3]Represents an award of restricted stock pursuant to a stockholder approved incentive compensation plan. Restrictions on the award lapse 100% after one year of service, or on June 1, 2007, or sooner, on the death, disability or retirement after age 68 of the recipient, or upon a corporate change. The stock was issued on June 1, 2006, and therefore has no expiration date, but could be forfeited if service ends prior to June 1, 2007, under certain circumstances.
- [F4]Represents the date restrictions lapsed on these shares of restricted stock originally awarded on June 3, 2003.
- [F5]Represents the number of shares withheld by the Company to satisfy the tax withholding obligation with respect to recipient's shares on the date the restrictions lapsed, as provided in the restricted stock agreement with respect to the award.