Cooper Cheryl R 4
4 · ALDERWOODS GROUP INC · Filed Jul 28, 2005
Insider Transaction Report
Form 4
Cooper Cheryl R
Director
Transactions
- Award
Stock Option (Right to Buy)
2005-07-26+30,000→ 30,000 totalExercise: $15.99Exp: 2015-07-26→ Common Stock (30,000 underlying) - Award
Stock Option (Right to Buy)
2005-07-26+35,000→ 35,000 totalExercise: $15.99Exp: 2015-07-26→ Common Stock (35,000 underlying)
Footnotes (3)
- [F1]Issuance under the 2002 Equity Incentive Plan
- [F2]The option vests in three annual installments with twenty-five percent of the optioned shares becoming exercisable on each of the first two anniversaries of the date of grant, and the remaining fifty percent of the optioned shares becoming exercisable on the third anniversary of the date of grant.
- [F3]The reporting person may elect, immediately prior to the exercise of the option, and the issuer's compensation committee may, immediately prior to the exercise of the option by the reporting person, require the reporting person to so elect, to exchange the option for a tandem appreciation right, which right will entitle the reporting person to a number of shares of issuer common stock equal in value to the excess of the fair market value of the option on the date of the exchange over the aggregate exercise price for such options. The exercise of the tandem appreciation right will cause the termination of the option.