BASELER THEODOR P 4
4 · UST INC · Filed Jan 8, 2009
Insider Transaction Report
Form 4
UST INCUST
BASELER THEODOR P
President (Subsid.)
Transactions
- Award
Common Stock
2009-01-06+793→ 53,306 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-01-06$69.50/sh−16,700$1,160,650→ 0 totalExercise: $39.31From: 2005-09-10Exp: 2014-09-09→ Common Stock (16,700 underlying) - Disposition to Issuer
Common Stock
2009-01-06$69.50/sh−53,521$3,719,710→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-01-06$69.50/sh−16,700$1,160,650→ 0 totalExercise: $33.25From: 2004-07-23Exp: 2013-07-22→ Common Stock (16,700 underlying) - Award
Common Stock
2009-01-06+215→ 53,521 total
Footnotes (5)
- [F1]In accordance with the terms of the plan, the number of shares indicated became vested on January 6, 2009, upon the completion of the change in control of UST Inc., due to performance for the performance period ended December 31, 2008.
- [F2]Ratably over three years commencing on 07/23/2004.
- [F3]The option was canceled on January 6, 2009 under the terms of the plan in exchange for a cash payment representing the excess of $69.50 over the option's exercise price of $33.25 per share.
- [F4]Ratably over three years commencing on 09/10/2005.
- [F5]The option was canceled on January 6, 2009 under the terms of the plan in exchange for a cash payment representing the excess of $69.50 over the option's exercise price of $39.31 per share.