WARNACO GROUP INC /DE/ 4
4 · WARNACO GROUP INC /DE/ · Filed May 16, 2008
Insider Transaction Report
Form 4
GOELTZ RICHARD KARL
Director
Transactions
- Award
Restricted Stock Units
2008-05-14$50.13/sh+1,496$74,994→ 1,496 total→ Common Stock, par value $.01 per share (1,496 underlying)
Footnotes (1)
- [F1]Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $.01 per share. The restricted stock units become payable, in Common Stock, within 60 days following the reporting person's termination of service as a director. The restricted stock units were issued pursuant to the deferred compensation provisions of The Warnaco Group, Inc. Non Employee Directors Deferred Compensation Plan dated as of December 20, 2006, as amended and restated as of January 31, 2007, in satisfaction of a portion of the reporting person's annual compensation for service as a director.