COMPASS BANCSHARES INC 4
4 · COMPASS BANCSHARES INC · Filed Jul 5, 2007
Insider Transaction Report
Form 4
PLEDGER CLAYTON D
Other
Transactions
- Award
Phantom Stock Units (ESOP Benefit Restoration Plan)
2007-06-29$69.43/sh+3.658$254→ 1,100.991 totalExercise: $0.00→ Common Stock (3.658 underlying)
Footnotes (1)
- [F1]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.