VAN STEDUM EDWARD J 4
4 · GENUINE PARTS CO · Filed Apr 21, 2004
Insider Transaction Report
Form 4
VAN STEDUM EDWARD J
Sr Vice Pres - Human Resources
Transactions
- Award
Stock Appreciation Right
2004-04-19$36.58/sh+10,800$395,064→ 10,800 totalExercise: $36.58From: 2005-04-19Exp: 2014-04-19→ Common Stock (10,800 underlying) - Award
Restricted Stock Units
2004-04-19+1,400→ 1,400 total→ Common Stock (1,400 underlying) - Award
Employee Stock Option (Right to Buy)
2004-04-19$36.58/sh+10,800$395,064→ 10,800 totalExercise: $36.58From: 2005-04-19Exp: 2014-04-19→ Common Stock (10,800 underlying)
Footnotes (4)
- [F1]The stock appreciation right and the employee stock option were granted in tandem. Accordingly, the exercise of one results in the expiration of the other.
- [F2]The stock appreciation rights vest 1/3 per year beginning on the first anniversary of the grant date provided the reporting person is still employed on those dates, subject to earlier vesting in certain events.
- [F3]Each restricted stock unit represents a contingent right to receive one share of GPC common stock at a future date.
- [F4]The restricted stock units will be earned on December 31, 2004 provided certain pre-tax profit targets are achieved by GPC for fiscal year 2004. If earned, the units will vest and convert to shares of common stock on December 31, 2008 provided the reporting person is still employed on that date, subject to earlier vesting in certain events.