HYATT MICHAEL S 4
4 · THOMAS NELSON INC · Filed Aug 20, 2004
Insider Transaction Report
Form 4
HYATT MICHAEL S
DirectorPresident, CEO
Transactions
- Award
Stock Option - Right to Buy
2004-08-10$19.80/sh+50,000$990,000→ 50,000 totalExercise: $19.80From: 2005-08-10Exp: 2014-08-10→ Thomas Nelson Common Stock (50,000 underlying)
Footnotes (5)
- [F1]Grant of options under the 2003 Employee Stock Incentive Plan by the Compensation Committee, exempt under Section 16b-3, is reported as an acquisition of a Direct Interest in a derivative security.
- [F2]Price of options was at FMV on date of grant 8/10/2004
- [F3]Effective date is determined to be the date of the completion of the administrative documentation
- [F4]Options vest, or become exercisable in 1/3 increments on the anniversary dates from date of grant, provided the performance thesholds are achieved.
- [F5]Options expire on the 10th anniversary from the date of grant