CALLAHAN THOMAS E 4
4 · CIRCOR INTERNATIONAL INC · Filed Jan 8, 2004
Insider Transaction Report
Form 4
CALLAHAN THOMAS E
Director
Transactions
- Award
Stock Option--Right to Buy
2004-01-06+1,500→ 1,500 totalExercise: $23.80Exp: 2014-01-06→ Common Stock (1,500 underlying) - Award
Restricted Stock Units
2004-01-06+500→ 500 total→ Common Stock (500 underlying)
Footnotes (5)
- [F1]The options vest 20% per year over a 5-year period commencing with 1/06/2005.
- [F2]The options are convertible into shares of common stock on a one-for-one basis.
- [F3]The grant of restricted stock units reported herein entitles the reporting person to receipt of shares of the issuer's common stock upon the later of (i) vesting of the grant or a portion thereof and (ii) such longer deferral period as the reporting person may have elected in advance.
- [F4]The restricted stock units reported herein vest in equal installments of one-third over a three-year period commencing with 1/06/2005.
- [F5]As noted in footnotes 3 and 4, the restricted stock units vest over a three-year period and, subject to any longer deferral period selected by the reporting person, automatically convert into shares of common stock at no conversion cost to the reporting person.