TRANS WORLD CORP 4
4 · TRANS WORLD CORP · Filed Apr 10, 2008
Insider Transaction Report
Form 4
TRANS WORLD CORPtwoc.ob
STERRETT MALCOLM M B
Director
Transactions
- Award
Phantom Stock
2008-04-10$3.65/sh+172$628→ 1,389 total→ Common Stock (172 underlying) - Award
Phantom Stock
2008-04-10$3.85/sh+163$628→ 2,028 total→ Common Stock (163 underlying) - Award
Phantom Stock
2008-04-10$2.30/sh+272$626→ 997 total→ Common Stock (272 underlying) - Award
Phantom Stock
2008-04-10$2.85/sh+220$627→ 1,217 total→ Common Stock (220 underlying) - Award
Phantom Stock
2008-04-10$3.45/sh+182$628→ 1,571 total→ Common Stock (182 underlying) - Award
Phantom Stock
2008-04-10$4.27/sh+147$628→ 1,718 total→ Common Stock (147 underlying)
Footnotes (4)
- [F1]Each share of phantom stock represents the right to receive one share of common stock.
- [F2]Phantom stock was issued in accordance with the Company's Deferred Compensation Plan ("DCP") and pursuant to a deferral election by the Reporting Owner, made on August 18, 2006, which provides for the phantom stock to become payable only in the Company's common stock, either following the expiration of a minimum of three (3) years from the date of execution or the earlier of: (a) the termination of service; (b) disability; (c) a change in control (as defined in the DCP); or (d) death.
- [F3]Phantom stock was issued in accordance with the Company's Deferred Compensation Plan ("DCP") and pursuant to a deferral election by the Reporting Owner, made on February 9, 2007, which provides for the phantom stock to become payable only in the Company's common stock, either following the expiration of a minimum of three (3) years from the date of execution or the earlier of: (a) the termination of service; (b) disability; (c) a change in control (as defined in the DCP); or (d) death.
- [F4]Phantom stock was issued in accordance with the Company's Deferred Compensation Plan ("DCP") and pursuant to a deferral election by the Reporting Owner, made on November 7, 2007, which provides for the phantom stock to become payable only in the Company's common stock, either following the expiration of a minimum of three (3) years from the date of execution or the earlier of: (a) the termination of service; (b) disability; (c) a change in control (as defined in the DCP); or (d) death.