BUTLER SAMUEL J 4
4 · LAYNE CHRISTENSEN CO · Filed Oct 12, 2010
Insider Transaction Report
Form 4
BUTLER SAMUEL J
Director
Transactions
- Award
Phantom Stock Units
2010-10-08$26.33/sh+29.85$786→ 2,939.81 total→ Common Stock (29.85 underlying)
Footnotes (2)
- [F1]The Conversion or Exercise Price is 1 for 1.
- [F2]The Phantom Stock Units were accrued under the Layne Christensen Company Deferred Compensation Plan for Directors and are to be settled 100% in cash. The Phantom Stock Units cannot be settled until within thirty (30) days after the reporting person ceases to be a Director.