ARKANSAS BEST CORP /DE/ 4
4 · ARKANSAS BEST CORP /DE/ · Filed Feb 12, 2004
Insider Transaction Report
Form 4
ALLARDYCE FRED A
Director
Transactions
- Award
Stock Option (right to buy)
2004-02-11+7,500→ 7,500 totalExercise: $29.08Exp: 2014-02-10→ Common Stock Par Value, $0.01 Per Share (7,500 underlying) - Award
Stock Appreciation Right
2004-02-11+7,500→ 7,500 totalExercise: $29.08Exp: 2014-02-10→ Common Stock Par Value, $0.01 Per Share (7,500 underlying)
Footnotes (3)
- [F1]The stock appreciation right (SAR) and the stock option were granted in tandem. Accordingly, the exercise of one results in the expiration of the other.
- [F2]Undersigned is reporting that on 02/11/2004, he was awarded a Stock Option for 7,500 shares of Common Stock, $0.01 Par, to vest at 20% on 01/28/2005 and an additional 20% of the shares vesting on each subsequent January 28th thereafter, with an exercise price of $29.08 per share.
- [F3]The SAR is an Employer SAR which entitles the Company to determine whether the grant is exercised as a stock option or SAR.