Gannon Paul Timothy 4
4 · ALBERTSONS INC /DE/ · Filed Jun 10, 2005
Insider Transaction Report
Form 4
Gannon Paul Timothy
EVP, Mrktng & Food Operations
Transactions
- Award
Deferrable Restricted Stock Units
2005-06-08+109,286→ 109,286 totalExercise: $0.00→ Common Stock (109,286 underlying)
Footnotes (1)
- [F1]Deferrable restricted stock units with dividend equivalents paid in cash granted under the Albertson's, Inc. 2004 Equity and Performance Incentive Plan. The units vest in 33%, 33% and 34% increments at the third, fourth and fifth anniversaries of the award date, respectively, provided that the participant has been continuously employed by the Company from 6/8/05 through the applicable vesting date. The units will be distributed in stock to the participant on the vesting date, unless otherwise deferred.