YOSKOWITZ IRVING B 4
4 · TERRA INDUSTRIES INC · Filed Dec 18, 2009
Insider Transaction Report
Form 4
YOSKOWITZ IRVING B
Director
Transactions
- Award
Common Stock
2009-12-17$32.70/sh+1,030$33,681→ 5,055 total
Footnotes (1)
- [F1]The award is made pursuant to the non-employee director stock award program and reflects an adjustment to the initial non-employee director stock award of 4,025 shares of Terra Industries Inc. ("Terra") common stock made on December 1, 2009 (the "December 1 Shares"). The increase to the number of shares previously awarded is to account for the value of the dividends declared by the Board of Directors of Terra on October 22, 2009 and October 29, 2009 and paid on December 11, 2009, which was reflected in the market value of Terra's shares on December 1, 2009 when the size of the initial share award was determined, but was not payable to the director since he was not a record holder of the December 1 Shares on the applicable record date.