Cook John F 4
4 · NORD RESOURCES CORP · Filed Jul 2, 2010
Insider Transaction Report
Form 4
NORD RESOURCES CORPNRDS.OB
Cook John F
Director
Transactions
- Award
Phantom Stock
2010-06-30$0.10/sh+81,250$8,125→ 106,250 total→ Common stock (81,250 underlying)
Footnotes (1)
- [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. 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.