SCHULMAN A INC 4
4 · SCHULMAN A INC · Filed Jul 2, 2007
Insider Transaction Report
Form 4
SCHULMAN A INCSHLM
MILLER PEGGY GORDON
Director
Transactions
- Award
Phantom Stock Units
2007-06-30$24.33/sh+77.18$1,878→ 13,026.64 total→ Common Stock (77.18 underlying)
Footnotes (4)
- [F1]Pursuant to the A. Schulman, Inc. Directors Deferred Units Plan, a non-employee director may elect, prior to the first day of any calendar year, to defer all or a portion of his or her Director fees in that calendar year. Deferred Director Fees for each calendar quarter are aggregated and credited to an account for each participating director until the last day of each quarter (the "Valuation Date"). In addition, the director's account is credited with the amount of any dividends that would have been paid to the director had he or she actually owned shares of Common Stock equal to the number of units in the account at the time of the dividend payment. On each Valuation Date, all amounts credited to the account are converted to units by dividing the amount in the account by the closing price of a share of Common Stock on the Valuation Date. The Phantom Stock Units reflected in this Report were issued based on dividends paid with respect to the Company's Common Stock.
- [F2]1-for-1
- [F3]Phantom stock units are payable in cash upon the earlier of a director's separation from service as a director, a director's disability, or a change in control of the Company.
- [F4]The price is the closing price on June 29, 2007, the last business day of the calendar quarter.