INDUSTRIAL DISTRIBUTION GROUP INC 4
4 · INDUSTRIAL DISTRIBUTION GROUP INC · Filed May 30, 2007
Insider Transaction Report
Form 4
LINGENFELTER CHARLES A
President - Southern Region
Transactions
- Award
Contingent Restricted Stock
2007-05-25+185,000→ 185,000 totalExercise: $0.00→ Common Stock (185,000 underlying)
Footnotes (2)
- [F1]The Reporting Person will be eligible to receive these shares over a four-year period, beginning in 2009, only if the Issuer meets prescribed levels with respect to increases in sales revenue, operating margin and earnings per share for the preceding fiscal year. No right to vote or receive dividends is conferred upon the Reporting Person with respect to any of the shares until vesting, should vesting in fact occur.
- [F2]Not applicable.