LEICHTNER RON 4
4 · TARRAGON CORP · Filed Jan 24, 2005
Insider Transaction Report
Form 4
TARRAGON CORPTARR
LEICHTNER RON
Vice President
Transactions
- Award
Stock Appreciation Right
2005-01-20+5,000→ 5,000 totalExercise: $24.49From: 2005-01-20Exp: 2015-01-19→ Common Stock (5,000 underlying)
Holdings
- 18,750
Stock Option
Exercise: $8.13From: 2004-01-01Exp: 2012-12-31→ Common Stock (18,750 underlying)
Footnotes (3)
- [F1]Options vest 20% on the date indicated, and 20% per year thereafter.
- [F2]Stock Appreciation Rights vest 33 1/3% on the date indicated, and 33 1/3% per year thereafter.
- [F3]Award of Stock Appreciation Right for 5,000 shares at a strike price of $24.49 per share. Value on exercise measured by the difference between the strike price on date of grant and the fair market value on date of exercise, not to exceed $15 per share, times the number of shares exercised, payable in shares of common stock.