SPARTECH CORP 4
4 · SPARTECH CORP · Filed Jun 29, 2009
Insider Transaction Report
Form 4
ANDY RALPH B
Director
Transactions
- Award
Restricted Stock Units
2009-06-25+5,643→ 5,643 total→ Common Stock (5,643 underlying)
Holdings
- 75,484
Common Stock
- 350,261(indirect: By Partnership)
Common Stock
Footnotes (4)
- [F1]Reporting person owns 100% of the common stock in a corporation which owns a .1% general partnership interest in a limited partnership. The limited partnership owns 350,261 shares of Spartech Corporation common stock. The reporting person has sole investment and voting power over these shares as President and sole shareholder of the corporation which is general partner of the limited partnership. As such the reporting person is reporting 100% of the holdings of the limited partnership pursuant to Instruction 4(b)(iv) of Form 4.
- [F2]This grant of restricted stock units represents the annual equity award to directors which was deferred from December 2008.
- [F3]Each restricted stock unit represents a right to receive one share of Spartech Corporation common stock at a future date. The reporting person is not required to make a cash payment in order to receive the shares of common stock.
- [F4]The restricted stock units are immediately vested. The vested shares will be delivered to the reporting person after the reporting person's service on Spartech Corporation's board of directors has ended.