MCKENNON KEITH R 4
4 · DOW CHEMICAL CO /DE/ · Filed Sep 2, 2004
Insider Transaction Report
Form 4
MCKENNON KEITH R
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-09-01+3,850→ 3,850 totalExercise: $42.69Exp: 2014-09-01→ Common Stock (3,850 underlying)
Footnotes (3)
- [F1]Final grant under The Dow Chemical Company 1994 Non-Employee Directors' Stock Plan. Grants are contingent upon increasingly larger holdings of Company stock, based upon seniority.
- [F2]Size of the grant is determined by a fixed formula based on the current annual Board retainer fee and the price of Company stock.
- [F3]One third of the option shares granted vest and become exercisable on each of the following dates: September 1, 2005; September 1, 2006; and September 1, 2007.