VAN KAMPEN NEW YORK VALUE MUNICIPAL INCOME TRUST 4
4 · VAN KAMPEN NEW YORK VALUE MUNICIPAL INCOME TRUST · Filed Sep 2, 2003
Insider Transaction Report
Form 4
SONNENSCHEIN HUGO
Director
Transactions
- Other
Phantom Stock Units
2003-09-01$15.26/sh−21,586.999$329,418→ 0 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (21,586.999 underlying)
Footnotes (3)
- [F1]The phantom stock units were accrued under the VNV directors' compensation plan and are to be settled 100% in cash, in generally equal annual installments over a period of five (5) years beginning on the date of the Director's retirement or disability, except that the Board of Directors, in its sole discretion, may accelerate or extend the distribution.
- [F2]1 for 1
- [F3]The equivalent dollar amount of the phantom stock units are being rolled over into other eligible products in the director's deferred compensation plan.