4//SEC Filing
CIRCOR INTERNATIONAL INC 4
Accession 0001239842-05-000001
CIK 0001091883operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 1:27 PM ET
Size
11.7 KB
Accession
0001239842-05-000001
Insider Transaction Report
Form 4
CALLAHAN THOMAS E
Director
Transactions
- Award
Restricted Stock Units
2005-02-18+1,648→ 1,648 totalFrom: 2008-02-18→ Common Stock (1,648 underlying) - Award
Stock Option Right to Buy
2005-02-18+1,500→ 1,500 totalExercise: $24.90Exp: 2015-02-18→ Common Stock (1,500 underlying) - Award
Restricted Stock Units
2005-02-18+500→ 500 total→ Common Stock (500 underlying)
Footnotes (6)
- [F1]The options vest one-third per year over a three-year period commencing on 2/18/2006.
- [F2]the options convert 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 a receipt of shares of the issuer's common stock on 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 2/18/2006.
- [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.
- [F6]Restricted stock units (RSUs) convert into shares of common stock on a one-for-one basis. These RSUs are issued pursuant to a provision under the issuer's Management Stock Purchase Plan pursuant to which directors may make an advance election to receive RSUs in lieu of a specified percentage or dollar amount of the director's annual retainer. The RSUs are issued in whole units on the basis of a 33% discount to the fair market value of the issuer's common stock on the date the underlying compensation is paid or otherwise would be paid and generally vest 3 years after the date of grant, at which time they are converted into shares of common stock unless the director has previously selected a longer deferral period. The reporting person has elected to receive these RSUs in lieu of his entire annual director retainer fee of $27,500.
Documents
Issuer
CIRCOR INTERNATIONAL INC
CIK 0001091883
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001091883
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 1:27 PM ET
- Size
- 11.7 KB