HAYES LEMMERZ INTERNATIONAL INC 4
4 · HAYES LEMMERZ INTERNATIONAL INC · Filed Aug 1, 2006
Insider Transaction Report
Form 4
SALVETTE JOHN A
VP, Business Development
Transactions
- Exercise/Conversion
Common Stock
[F1]2006-07-28+12,462→ 14,993 total - Tax Payment
Common Stock
2006-07-28$2.59/sh−4,082$10,589→ 10,911 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2006-07-28−12,462→ 24,926 total→ Common Stock (12,462 underlying)
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, 12,462 Restricted Stock Units were converted into an equal number of shares of common stock. The remaining 24,926 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.
Signature
/s/ Patrick C. Cauley, Attorney in Fact|2007-08-01