HAYES LEMMERZ INTERNATIONAL INC 4
4 · HAYES LEMMERZ INTERNATIONAL INC · Filed Aug 1, 2006
Insider Transaction Report
Form 4
BENTLEY FRED
COO;Pres.- Global Wheel Grp.
Transactions
- Exercise/Conversion
Restricted Stock Units
2006-07-28−12,121→ 24,243 total→ Common Stock (12,121 underlying) - Tax Payment
Common Stock
2006-07-28$2.59/sh−3,450$8,949→ 13,872 total - Exercise/Conversion
Common Stock
2006-07-28+12,121→ 17,322 total
Footnotes (3)
- [F1]Shares issued on conversion of Restricted Stock Units. Each Restricted Stock Unit is convertible into one share of common stock or cash in an amount equal to the fair market value of a share of common stock, as determined by the Compensation Committee of the Board of Directors.
- [F2]On July 28, 2006, 12,121 Restricted Stock Units were converted into an equal number of shares of common stock. The remaining 24,243 Restricted Stock Units will be converted into cash or shares of common stock on July 28, 2007
- [F3]Not applicable. The Restricted Stock Units were previously granted to the reporting person pursuant to the Hayes Lemmerz International, Inc. Long Term Incentive Plan.