HART LINDA W 4

4 · IMATION CORP · Filed May 7, 2010

Form 4

Period: 2010-05-05

Director

Transactions

Award
Common Stock
[F1]
2010-05-05$10.37/sh+8,438$87,502→ 55,139 total
Award
Common Stock
[F1]
2010-05-05$10.37/sh+10,125$104,996→ 65,264 total
Award
Option - Right to Buy
2010-05-05$10.37/sh+15,378$159,470→ 15,378 total
Exercise: $10.37From: 2011-05-05Exp: 2020-05-05→ Common Stock (15,378 underlying)
Award
Option - Right to Buy
2010-05-05$10.37/sh+18,453$191,358→ 33,831 total
Exercise: $10.37From: 2011-05-05Exp: 2020-05-05→ Common Stock (18,453 underlying)

Holdings

Restricted Stock Units
[F2]
Exercise: $42.91From: 2011-05-03Exp: 2011-05-03→ Common Stock (4,452.45 underlying)
4,452.45

Footnotes (2)

[F1]Common stock vests 100% on first anniversary date of the grant date.
[F2]Ms. Hart has elected to receive payment of the Restricted Stock Units on the earlier of Change of Control, her death or a "separation from service" with the Company (within the meaning of Section 409A of the Internal Revenue Code) and none of these provide a currently determinable date. However, under Imation's current retirment policy, a director cannot be nominated for re-election as a director at the next annual meeting of shareholders following either (i) fifteen (15) years service as a director, or (ii) the director's seventieth (70th) birthday. Based on the current retirment policy (and an assumption of when Imation's shareholder meetings will be held in the future, based on past practices), Ms. Hart's latest retirement date would be May 3, 2011, the date used for this filing.

Signature

Jennifer A. Tenenbaum, Power of Attorney for Linda W. Hart|2010-05-07

Documents

1 file