SCULLY JOHN H 4
4 · PLUM CREEK TIMBER CO INC · Filed Mar 21, 2013
Insider Transaction Report
Form 4
SCULLY JOHN H
Director
Transactions
- Exercise/Conversion
Common Stock
2013-03-20$30.91/sh+6,000$185,460→ 30,000 total - Exercise/Conversion
Stock Option (2004 SIP)
2013-03-20−6,000→ 0 totalExercise: $30.91Exp: 2014-02-02→ Common Stock (6,000 underlying) - Sale
Common Stock
2013-03-20$49.95/sh−30,000$1,498,521→ 0 total
Footnotes (2)
- [F1]The sales of common stock reported in this Form 4 were executed through several individual broker transactions and are being disclosed in Table I on an aggregated basis. All sale transactions occurred within a one dollar price range and the reported sale price of $49.9507 represents the weighted average sale price for the aggregated sale transactions reported herein. The range of sale prices for the sale of 30,000 shares was $49.91 to $49.99. The Reporting Person hereby undertakes to provide the SEC Staff, the Issuer or any security holder of the Issuer with full information regarding the number of shares of common stock sold by the Reporting Person at each separate price upon request.
- [F2]The option issued under the Issuer's stock incentive plan 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.