FRIEDMAN J KENT 4
4 · MAXXAM INC · Filed Jan 8, 2010
Insider Transaction Report
Form 4
MAXXAM INCMXM
FRIEDMAN J KENT
Director
Transactions
- Disposition to Issuer
Common Stock
2009-12-17$10.48/sh−12,540$131,419→ 0 total - Exercise/Conversion
Non-Qualified Stock Option w/Tandem SAR
2009-12-17−12,540→ 0 totalExercise: $9.40Exp: 2009-12-31→ Common Stock (12,540 underlying) - Exercise/Conversion
Common Stock
2009-12-17$9.40/sh+12,540$117,876→ 12,540 total
Footnotes (1)
- [F1]The Stock Option, which has tandem Stock Appreciation Rights, was awarded pursuant to the Issuer's 2002 Omnibus Employee Incentive Plan on December 10, 2002, which grant vested in 20% increments on each succeeding anniversary of the date of grant.