Koley Patrick J. 4
4 · FORTUNE BRANDS INC · Filed Feb 24, 2010
Insider Transaction Report
Form 4
Koley Patrick J.
Sr VP-Strategy & Corp. Dev.
Transactions
- Award
Restricted Stock Units
2010-02-22+5,200→ 5,200 total→ Common Stock (5,200 underlying) - Award
Options (Right to Buy)
2010-02-22+17,100→ 17,100 totalExercise: $43.67From: 2011-02-22Exp: 2017-02-22→ Common Stock (17,100 underlying)
Holdings
- 3,371
Common Stock, Par Value $3.125
Footnotes (4)
- [F1]Reflects the grant of options under the issuer's 2007 Long-Term Incentive Plan. The options vest in three equal annual installments beginning February 22, 2011.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]Reflects the grant of restricted stock unit awards payable in shares of the Company's common stock under the issuer's Long-Term Incentive Plans.
- [F4]Full payment of the award will be made in the form of shares in 2013 if Mr.Koley (a)remains employed with the Company through January 31, 2013 and certain performance goals are met and (b) complies with a non-compete in the event of retirement. Full payment of the award may be made earlier in the event of death or disability prior to January 31, 2013.