YOUNG ANDREW J 4
4 · NELSON THOMAS INC · Filed Oct 29, 2003
Insider Transaction Report
Form 4
YOUNG ANDREW J
Other
Transactions
- Conversion
Thomas Nelson Common Stock - Phantom Stock Unit
2003-09-01$12.22/sh−909$11,113→ 6,365 totalExercise: $12.22From: 1998-09-30Exp: 2009-08-19→ Cash equivalent for Phantom Stock Units tied to Common Stock (909 underlying)
Footnotes (3)
- [F1]Phantom stock units were exercised and paid in cash pursuant the terms of the Thomas Nelson Inc. 1997 Deferred Compensation Plan for Non-Employee Directors.
- [F2]Price for determination of cash payment was at FMV on 9/1/2003 @ $12.225
- [F3]Phantom stock units are to be settled in cash only in ten annual installments beginning with the election of the Director as determined by age at time of election. Installment payment is the 3rd installment of 10 installments he has elected.