SCULLY JOHN H 4
4 · PLUM CREEK TIMBER CO INC · Filed May 10, 2012
Insider Transaction Report
Form 4
SCULLY JOHN H
Director
Transactions
- Award
Common Stock
2012-05-08+2,000→ 69,000 total
Holdings
- 6,000
Stock Option (2004 SIP)
Exercise: $30.91Exp: 2014-02-02→ Common Stock (6,000 underlying) - 3,000
Stock Option (2003 SIP)
Exercise: $21.91Exp: 2013-01-28→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]Represents shares of common stock acquired under the 2012 Plum Creek Stock Incentive Plan (Stock Plan). These shares were granted to the Reporting Person on February 7, 2012 contingent upon stockholder approval of the Stock Plan at the Issuer's 2012 annual stockholder meeting on May 8, 2012. On May 8, 2012, the stockholders approved the Stock Plan.
- [F2]The option provides the right to purchase common stock at the fair market value thereof on the date of grant and may be exercised by the Reporting Person at any time prior to the expiration date.