Williams Catherine Lynne 4
4 · Tim Hortons Inc. · Filed May 14, 2009
Insider Transaction Report
Form 4
Williams Catherine Lynne
Director
Transactions
- Award
Deferred Share Units
2009-05-12$24.17/sh+576.719$13,939→ 576.719 total→ Common Stock (576.719 underlying) - Award
Deferred Share Units
2009-05-12+993.976→ 1,570.695 total→ Common Stock (993.976 underlying)
Footnotes (4)
- [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).