PLUM CREEK TIMBER CO INC 4
4 · PLUM CREEK TIMBER CO INC · Filed Feb 4, 2014
Insider Transaction Report
Form 4
NEILSON LARRY D
SVP, Businsess Development
Transactions
- Award
Common Stock
2014-02-03+7,000→ 40,277 total - Tax Payment
Common Stock
2014-02-03$42.03/sh−1,209$50,814→ 33,277 total
Holdings
- 16,000
Stock Option (2009 SIP)
Exercise: $33.75Exp: 2019-02-09→ Common Stock (16,000 underlying) - 15,000
Stock Option (2007 SIP)
Exercise: $40.42Exp: 2017-02-05→ Common Stock (15,000 underlying) - 15,000
Stock Option (2008 SIP)
Exercise: $42.98Exp: 2018-02-04→ Common Stock (15,000 underlying) - 16,000
Stock Option (2010 SIP)
Exercise: $35.22Exp: 2020-02-08→ Common Stock (16,000 underlying) - 16,000
Stock Option (2011 SIP)
Exercise: $41.55Exp: 2021-02-07→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]Represents Restricted Stock Units (RSUs) granted under the Issuer's stock incentive plan. The RSUs vest annually over a four-year period in equal installments. Upon vesting, the RSUs are paid to the Reporting Person in an equal number of shares of the Issuer's common stock. During the vesting period, the Reporting Person is entitled to receive cash payments equal to the amount of any dividend declared and paid on the Issuer's common stock multiplied by the number of RSUs then held by the Reporting Person.
- [F2]The option granted 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 becomes exercisable after vesting. The option vests in four equal annual installments beginning one year after the date of grant.