BERRESSE JAMES P 4
4 · PHELPS DODGE CORP · Filed Nov 6, 2003
Insider Transaction Report
Form 4
BERRESSE JAMES P
President, CCC
Transactions
- Exercise/Conversion
Common Shares
2003-11-05$34.67/sh+3,960$137,293→ 3,960 total - Sale
Common Shares
2003-11-05$62.73/sh−2,960$185,676→ 11,512 total - Exercise/Conversion
Employee Stock Option/Rights to Purchase
2003-11-05$34.67/sh−3,960$137,293→ 46,454 totalExercise: $34.67From: 2002-12-05Exp: 2011-12-05→ Common Shares (3,960 underlying)
Footnotes (2)
- [F1]Exercise of employee stock options pursuant to the 1993 and 1998 Phelps Dodge Corporation Stock Option and Restricted Share Plans, and include the right to have shares withheld in satisfaction of State and Federal Tax withholding obligations.
- [F2]Same day sale of shares acquired upon exercise of employee stock options pursuant to the 1993 and 1998 Phelps Dodge Corporation Stock Option and Restricted Share Plans, and include the right to use shares to satisfy federal and state withholding taxes.