Home/Filings/4/0001183733-07-000040
4//SEC Filing

COMPASS BANCSHARES INC 4

Accession 0001183733-07-000040

CIK 0000018568operating

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 6:48 PM ET

Size

11.6 KB

Accession

0001183733-07-000040

Insider Transaction Report

Form 4
Period: 2007-01-31
Transactions
  • Award

    Phantom Stock Units (ESOP Benefit Restoration Plan)

    2007-02-01$61.18/sh+17.264$1,0561,137.256 total
    Exercise: $0.00Common Stock (17.264 underlying)
  • Award

    Common Stock

    2007-01-31+2,07811,531.69 total
  • Tax Payment

    Common Stock

    2007-01-31$60.90/sh452$27,52711,079.69 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    2,072.612
  • Common Stock

    (indirect: By SmartInvestor Retirement Plan)
    288.928
Footnotes (3)
  • [F1]Shares acquired upon vesting of performance contingent restricted stock ("PCRS") award for the 2004-2006 performance period. The reporting person's original PCRS award for the 2004-2006 performance period, covering a maximum of 11,016 shares, was truncated in 2005, such that one-third of the covered shares would be eligible to vest based on the originally established criteria, with the remainder cancelled. A number of shares equal to the remaining two-thirds of the reporting person's original award was added to his PCRS award for the 2005-2007 performance period.
  • [F2]Shares surrendered to issuer to satisfy reporting person's tax withholding obligation in connection with vesting of PCRS award.
  • [F3]The phantom stock units were acquired under the issuer's ESOP Benefit Restoration Plan. Each unit represents the right to receive the cash value of one share of the issuer's common stock upon the reporting person's retirement or the occurence of other events, including termination of employment, death, unforeseeable emergency or change in control of the issuer. Subject to the terms of the plan, the reporting person may transfer amounts allocated to his phantom stock account into an alternative investment option at any time.

Issuer

COMPASS BANCSHARES INC

CIK 0000018568

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000018568

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 6:48 PM ET
Size
11.6 KB