Shearin Michael B 4
4 · FLEETWOOD ENTERPRISES INC/DE/ · Filed Jun 28, 2006
Insider Transaction Report
Form 4
Shearin Michael B
V.P. - Human Resources
Transactions
- Award
Restricted Stock Units
2006-06-26+10,883→ 10,883 total→ Common Stock (10,883 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Fleetwood Enterprises, Inc. common stock, plus a cash award.
- [F2]Depending on the performance level that is achieved, participants in the program can receive from 0% to 125% of the targeted number of shares covered by the award.
- [F3]The restricted stock units vest, subject to the satisfaction of performance criteria, one year after grant, in three annual installments beginning June 26, 2008.