4//SEC Filing
Lees David H 4
Accession 0001181431-09-039387
CIK 0001345111other
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 3:37 PM ET
Size
9.1 KB
Accession
0001181431-09-039387
Insider Transaction Report
Form 4
Lees David H
Director
Transactions
- Award
Deferred Stock Units
2009-08-11+457.876→ 9,542.56 total→ Common Stock (457.876 underlying) - Award
Deferred Stock Units
2009-08-11$29.74/sh+503.663$14,979→ 9,084.685 total→ Common Stock (503.663 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$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 Voluntary 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 Voluntary 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).
- [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.
Documents
Issuer
Tim Hortons Inc.
CIK 0001345111
Entity typeother
Related Parties
1- filerCIK 0001351918
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 3:37 PM ET
- Size
- 9.1 KB