NORD RESOURCES CORP 4/A
4/A · NORD RESOURCES CORP · Filed Jul 6, 2006
Insider Transaction Report
Form 4/AAmended
NORD RESOURCES CORPNRDS.PK
Nesmith Wade D
Director
Transactions
- Award
Phantom Stock
2006-06-30$0.80/sh+22,265.625$17,813→ 22,265.625 total→ Common stock (22,265.625 underlying)
Footnotes (2)
- [F1]These deferred fee phantom stock units were issued in payment of non-executive director fees pursuant to the Issuer's 2006 Stock Incentive Plan (Plan). Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in common stock of the Issuer upon the reporting person's termination of service as a director or as otherwise provided in the reporting person's deferral election.
- [F2]The number of phantom stock units is calculated to the third decimal place in accordance with the Plan. On the original Form 4, a comma was inadvertently substituted for the decimal point.