THOMPSON WILLIAM MICHAEL 4
4 · TARRAGON CORP · Filed Jan 24, 2005
Insider Transaction Report
Form 4
TARRAGON CORPTARR
THOMPSON WILLIAM MICHAEL
Exec VP - Operations
Transactions
- Award
Stock Appreciation Right
2005-01-20+3,000→ 3,000 totalExercise: $24.49From: 2005-01-20Exp: 2015-01-19→ Common Stock (3,000 underlying)
Holdings
- 22,688
Stock Option
Exercise: $5.04From: 2001-12-20Exp: 2010-12-19→ Common Stock (22,688 underlying) - 10,313
Stock Option
Exercise: $6.36From: 2003-01-09Exp: 2012-01-08→ Common Stock (10,313 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 Rights for 3,000 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.