Williams Catherine Lynne 4
4 · Tim Hortons Inc. · Filed Aug 13, 2009
Insider Transaction Report
Form 4
Williams Catherine Lynne
Director
Transactions
- Award
Deferred Share Units
2009-08-11+457.876→ 2,469 total→ Common Stock (457.876 underlying) - Award
Deferred Share Units
2009-08-11$29.74/sh+434.982$12,936→ 2,011.124 total→ Common Stock (434.982 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$32.76). The U.S. price reported represents the approximate equivalent of C$32.76, 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$32.76).