MORGAN STANLEY 4
4 · MORGAN STANLEY · Filed May 20, 2011
Insider Transaction Report
Form 4
DAVIES HOWARD J
Director
Transactions
- Tax Payment
Common Stock
2011-05-18$24.39/sh−749$18,271→ 51,576.722 total - Award
Common Stock
2011-05-18+10,248.59→ 52,325.722 total
Footnotes (2)
- [F1]Restricted stock units granted under the Directors' Equity Capital Accumulation Plan, which are convertible into shares of Common Stock at a ratio of 1 to 1.
- [F2]Shares withheld to satisfy taxes upon the conversion of stock units granted under the Directors' Equity Capital Accumulation Plan to the Reporting Person as part of his 2010 director compensation.