Tim Hortons Inc. 4
4 · Tim Hortons Inc. · Filed Jun 1, 2007
Insider Transaction Report
Form 4
Iacobucci Frank
Director
Transactions
- Award
Common Stock
2007-05-30+3.815→ 7,504.268 total - Award
Deferred Share Units
2007-05-30+2.758→ 1,327.063 total→ Common Stock (2.758 underlying)
Footnotes (2)
- [F1]Shares received pursuant to automatic conversion of dividend equivalent rights under the provisions of formula restricted stock units previously granted under the Issuer's 2006 Stock Incentive Plan.
- [F2]Each Deferred Share Unit (DSU) is the economic equivalent of a share of common stock of the issuer. These DSUs are received pursuant to automatic conversion of dividend equivalent rights associated with DSUs previously 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.