ALLIED WASTE INDUSTRIES INC 4
4 · ALLIED WASTE INDUSTRIES INC · Filed May 24, 2005
Insider Transaction Report
Form 4
LIPSON HOWARD
Director
Transactions
- Award
Common Stock, $.01 par value
2005-05-20+7,006→ 7,006 total
Footnotes (2)
- [F1]The shares were granted pursuant to the Issuer's 2005 Non-Employee Director Equity Compensation Plan. Pursuant to that plan, the Reporting Person received a grant of restricted shares of common stock having a fair market value of $55,000 on the date of his re-election to the Issuer's Board of Directors. The grant of restricted stock is a portion of the Reporting Person's compensation as a non-employee member of the Issuer's Board of Directors.
- [F2]Restricted stock issued to Blackstone Management Partners III L.L.C. ("BMP III"), the Investment Advisor to certain of the Blackstone entities invested in the Issuer, of which Reporting Person is a member. Reporting Person disclaims any beneficial ownership in the restricted stock issued to BMP III.