Wermers Markus 4
4 · FEDERAL MOGUL CORP · Filed Feb 24, 2011
Insider Transaction Report
Form 4
Wermers Markus
Senior VP Global Purchasing
Transactions
- Award
Stock Appreciation Right
2011-02-22+28,379→ 28,379 totalExercise: $21.03Exp: 2016-02-21→ Common Stock (28,379 underlying)
Footnotes (2)
- [F1]The Stock Appreciation Rights granted to the Reporting Person on this Form 4 were granted by the Board of Directors of Federal-Mogul Corporation ("Company") on February 22, 2011. The exercise price is the closing price of the Company's common stock on February 18, 2011.
- [F2]The Stock Appreciation Rights vest in four equal installments. The first installment vested on February 22, 2011 and the remaining installments will vest on February 22, 2012, February 22, 2013 and February 22, 2014.