Tim Hortons Inc. 4
4 · Tim Hortons Inc. · Filed May 10, 2007
Insider Transaction Report
Form 4
Miller Craig S
Director
Transactions
- Award
Deferred Share Units
2007-05-08+429.923→ 429.923 total→ Common Stock (429.923 underlying)
Footnotes (2)
- [F1]Each Deferred Share Unit (DSU) is the economic equivalent of a share of common stock of the issuer. These DSUs are Formula DSUs issued under the issuer's Non-Employee Director Deferred Stock Unit Plan. The DSUs will be settled in cash upon the director's termination of service as a director, with no continuing employment relationship with the issuer.
- [F2]The number of Formula DSUs allocated to a reporting person is based on the mean of the high and low prices of the issuer's common stock on the Toronto Stock Exchange on the transaction date (C$34.89).