Wallace Bruce A. 4
4 · Tim Hortons Inc. · Filed Jul 7, 2009
Insider Transaction Report
Form 4
Wallace Bruce A.
Other
Transactions
- Tax Payment
Common Stock
2009-07-03$24.67/sh−660.787$16,302→ 38,745.019 total
Footnotes (3)
- [F1]Represents the number of restricted stock units ("RSUs") surrendered to the Company in connection with the vesting and settlement of previously issued and reported RSUs (May 2007 RSU grant only) as a result of Mr. Wallace's retirement from the Company on July 3, 2009.
- [F2]The U.S. price represents the equivalent of Cdn.$28.66 as converted into U.S. dollars on the transaction date using the noon buying rate of Bank of Canada for cable transfer payable to foreign currency, as certified for customs purposed by the Bank of Canada.
- [F3]Aggregate securities beneficially owned includes additional RSUs acquired in connection with the automatic conversion of dividend equivalent rights associated with outstanding RSUs into additional RSUs after each quarterly dividend payment date.