MADONNA JON C/ 4
4 · PHELPS DODGE CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
MADONNA JON C/
Director
Transactions
- Award
Grant of Phantom Stock
2006-01-01+521.52→ 1,998.44 total→ Common Shares (521.52 underlying)
Footnotes (2)
- [F1]Grant of Phantom Stock Units, pursuant to the Phelps Dodge Corporation Directors Stock Unit Plan, on January 1, 2006, and equal in value to the sum of $75,000. Directors generally are not eligible to receive these shares or the cash equivalent until their termination as a director from the Phelps Dodge Corporation Board of Directors.
- [F2]The reported holdings include units acquired pursuant to a dividend reinvestment feature of the Phelps Dodge Corporation Directors Stock Unit Plan.