SUPERIOR INDUSTRIES INTERNATIONAL INC 4
4 · SUPERIOR INDUSTRIES INTERNATIONAL INC · Filed Nov 7, 2007
Insider Transaction Report
Form 4
BROWN RAYMOND C
Director
Transactions
- Award
Stock Option (Right to Buy)
2006-12-28+1,000→ 1,000 totalExercise: $36.87Exp: 2011-09-20→ Common Stock (1,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2006-12-28−5,000→ 0 totalExercise: $17.15Exp: 2016-08-09→ Common Stock (5,000 underlying) - Award
Stock Option (Right to Buy)
2006-12-28+5,000→ 5,000 totalExercise: $17.56Exp: 2016-08-09→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2006-12-28−2,000→ 0 totalExercise: $25.88Exp: 2009-09-24→ Common Stock (2,000 underlying) - Award
Stock Option (Right to Buy)
2006-12-28+2,000→ 2,000 totalExercise: $26.19Exp: 2009-09-24→ Common Stock (2,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2006-12-28−1,000→ 0 totalExercise: $29.40Exp: 2011-09-20→ Common Stock (1,000 underlying)
Footnotes (2)
- [F1]See the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2006 filed April 10, 2007, exhibits 10.45 and 10.46 for additional information. For Section 16 reporting purposes only, the increases in option exercise prices are deemed to be cancellation of the old options and the grant of replacement options. The other terms of the outstanding options (including the vesting of the options) remain unchanged.
- [F2]The reporting person has entered into an agreement, dated December 28, 2006 (the "Agreement"), with Superior Industries International, Inc. ("the Company") to have the exercise prices of certain options granted to the reporting person reset to be equal to, and in no event less than, the fair market value of a share of the Company's common stock on the applicable accounting measurement date for the grant.