UST INC 4
4 · UST INC · Filed Dec 8, 2008
Insider Transaction Report
Form 4
UST INCUST
PATRACUOLLA JAMES D
VP & Controller
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-12-04$68.90/sh−25,000$1,722,500→ 0 totalExercise: $32.30From: 2002-09-26Exp: 2011-09-25→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-12-04$68.90/sh−2,400$165,360→ 2,600 totalExercise: $40.94From: 2003-05-02Exp: 2012-05-01→ Common Stock (2,400 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-12-04$68.80/sh−2,600$178,880→ 0 totalExercise: $40.94From: 2003-05-02Exp: 2012-05-01→ Common Stock (2,600 underlying)
Holdings
- 59,482
Common Stock
Footnotes (6)
- [F1]Includes a total of 4,224 shares held in the UST Inc. Employees' Savings Plan and 459 shares held in the UST Dividend Reinvestment Plan as of this date.
- [F2]Ratably over a three year period commencing 09/26/2002.
- [F3]The option was canceled on December 4, 2008 under the terms of the plan in exchange for a cash payment representing the excess of $68.90 over the option price of $32.30 per share.
- [F4]Ratably over a three year period commencing 05/02/2003.
- [F5]The option was canceled on December 4, 2008 under the terms of the plan in exchange for a cash payment representing the excess of $68.90 over the option price of $40.94 per share.
- [F6]The option was canceled on December 4, 2008 under the terms of the plan in exchange for a cash payment representing the excess of $68.80 over the option price of $40.94 per share.