4//SEC Filing
Butler Daniel W 4
Accession 0001209191-09-002393
CIK 0000811669other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 3:18 PM ET
Size
13.7 KB
Accession
0001209191-09-002393
Insider Transaction Report
Form 4
UST INCUST
Butler Daniel W
President (Subsid.)
Transactions
- Award
Common Stock
2009-01-06+991→ 69,877 total - Disposition to Issuer
Common Stock
2009-01-06$69.50/sh−70,909$4,928,176→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-01-06$69.50/sh−50,000$3,475,000→ 0 totalExercise: $38.35From: 2008-12-07Exp: 2016-12-06→ Common Stock (50,000 underlying) - Award
Common Stock
2009-01-06+454→ 70,909 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-01-06$69.50/sh−10,000$695,000→ 0 totalExercise: $39.31From: 2005-09-10Exp: 2014-09-09→ Common Stock (10,000 underlying)
Footnotes (6)
- [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]Includes a total of 578 shares held in the UST Inc. Employees' Savings Plan as of December 31, 2008.
- [F3]Ratably over a three (3) year period commencing on 9/10/2005.
- [F4]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.
- [F5]Option vests on third anniversary of grant.
- [F6]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 $38.35 per share.
Documents
Issuer
UST INC
CIK 0000811669
Entity typeother
Related Parties
1- filerCIK 0001344135
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 3:18 PM ET
- Size
- 13.7 KB