4//SEC Filing
NASCA CARL J 4
Accession 0001239851-05-000001
CIK 0001091883other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 7:01 PM ET
Size
9.8 KB
Accession
0001239851-05-000001
Insider Transaction Report
Form 4
NASCA CARL J
Group Vice President
Transactions
- Tax Payment
Common Stock
2005-02-13$24.23/sh−348$8,432→ 4,193 total - Exercise/Conversion
Common Stock
2005-02-13$12.72/sh+934$11,880→ 4,541 total - Exercise/Conversion
Restricted Stock Units
2005-02-13−934→ 0 totalExercise: $12.72From: 2005-02-13→ Common Stock (934 underlying)
Footnotes (1)
- [F1]Shares acquired pursuant to conversion of restricted stock units (RSUs) on a one for one basis. RSUs issued pursuant to issuer's Management Stock Purchase Plan under which executives may make an advance election to receive RSUs in lieu of specified % or dollar amount of annual incentive cash bonus under bonus plan applicable to executive. RSUs issued on the basis of a 33% discount to fair market value of issuer's common stock on date the underlying bonus otherwise would be paid and generally vest 3 years after grant date at which time it converts into shares of common stock unless executive has previously elected a longer deferral period. Transactions reported reflect conversion of RSUs into shares and withholding of sufficient shares to pay taxes. Price reflected based on 33% discount to fair market value of issuer's stock to grant date. Fair market value of shares, based on closing price of issuer's stock on Feb. 11, 2005 (last business day before shares vested), is $24.23.
Documents
Issuer
CIRCOR INTERNATIONAL INC
CIK 0001091883
Entity typeother
Related Parties
1- filerCIK 0001239851
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 7:01 PM ET
- Size
- 9.8 KB