PORTER DANIEL J 4
4 · TESORO CORP /NEW/ · Filed Feb 2, 2007
Insider Transaction Report
Form 4
PORTER DANIEL J
SVP, Refining
Transactions
- Award
Common Stock
2007-02-01$83.16/sh+2,300$191,268→ 11,339 total - Award
Employee Stock Option (Right to Buy)
2007-02-01+16,000→ 46,634 totalExercise: $83.16Exp: 2017-02-01→ Common Stock (16,000 underlying)
Footnotes (4)
- [F1]Becomes exercisable in 3 equal annual installments, beginning 1 year from February 1, 2007.
- [F2]Various option exercise dates and prices.
- [F3]The Company's 1993 Long-Term Incentive Compensation Plan permits grantees to pay their federal income tax liability with shares, reducing the restricted share grant. The total referenced above represents the total grant before netting for any tax payments.
- [F4]Restricted stock which vests in 3 equal annual installments, beginning 1 year from February 1, 2007.