Greene Moya 4
4 · Tim Hortons Inc. · Filed May 14, 2009
Insider Transaction Report
Form 4
Greene Moya
Director
Transactions
- Award
Deferred Share Units
2009-05-12$24.17/sh+265.769$6,424→ 3,812.101 total→ Common Stock (265.769 underlying) - Award
Deferred Share Units
2009-05-12+531.538→ 4,343.639 total→ Common Stock (531.538 underlying)
Footnotes (5)
- [F1]Each Deferred Share Unit (DSU) is the economic equivalent of a share of common stock of the issuer. These DSUs are Elective DSUs issued under the issuer's Non-Employee Director Deferred Stock Unit Plan. The DSUs will be settled in cash upon the director's separation from service.
- [F2]The number of Elective 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$28.22). The U.S. price reported represents the approximate equivalent of C$28.22, as converted into U.S. dollars on the transaction date using the noon buying rate of Bank of Canada.
- [F3]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 separation from service.
- [F4]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$28.22).
- [F5]The number of derivative securities beneficially owned includes additional DSUs acquired in connection with the automatic conversion of dividend equivalent rights (associated with outstanding DSUs) into additional DSUs after each quarterly dividend payment date.