BENSON KEVIN E 4
4 · LAIDLAW INTERNATIONAL INC · Filed Nov 25, 2003
Insider Transaction Report
Form 4
LAIDLAW INTERNATIONAL INCLALW.OB
BENSON KEVIN E
Director
Transactions
- Award
Stock options
2003-11-24+185,000→ 185,000 totalExercise: $13.00Exp: 2013-11-24→ Common stock (185,000 underlying) - Award
Deferred shares
2003-11-24+300,000→ 485,000 total→ Common stock (300,000 underlying)
Footnotes (3)
- [F1]The stock options (issued with tandem stock appreciation rights) become exercisable in three equal installments of one-third each, beginning on the first anniversary of the grant date.
- [F2]One common share will be issued for each deferred share.
- [F3]Common stock issued in four equal installments of 25% each, beginning on the first anniversary of the grant date.