KERSHAW PETER C 4
4 · MILLIPORE CORP /MA · Filed Feb 17, 2010
Insider Transaction Report
Form 4
KERSHAW PETER C
Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-02-15−5,648→ 0 totalExercise: $0.00From: 2010-02-15Exp: 2010-02-15→ Millipore Common Stock, $1.00 Par Value (5,648 underlying) - Tax Payment
Millipore Common Stock, $1.00 Par Value
2010-02-15−1,853→ 7,055.24 total - Exercise/Conversion
Millipore Common Stock, $1.00 Par Value
2010-02-15+5,648→ 8,908.24 total
Footnotes (3)
- [F1]Represents the release of 5,648 shares of Millipore Common Stock ("Stock") upon the vesting of Restricted Stock Units granted to the reporting person on 02/25/2007 pursuant to the Millipore Corporation 1999 Stock Incentive Plan. Each Restricted Stock Unit represents an unfunded and unsecured promise, denominated in shares of Stock to deliver Stock, or cash measured by the value of Stock, subject to vesting conditions.
- [F2]The closing price of Stock for the purposes of determining the number of shares of Stock to be withheld for the payment of taxes was $69.06 per share.
- [F3]Restricted Stock Units granted on 02/25/2007 vested 100% on 02/15/2010.