4//SEC Filing
MICROSOFT CORP 4
Accession 0001248254-05-000001
$MSFTCIK 0000789019operating
Filed
May 18, 8:00 PM ET
Accepted
May 19, 5:27 PM ET
Size
10.0 KB
Accession
0001248254-05-000001
Insider Transaction Report
Form 4
MICROSOFT CORPMSFT
MATHEW MICH
Senior Vice President
Transactions
- Award
Performance Rights
2005-05-19+61,111→ 61,111 totalExercise: $0.00From: 2006-08-31Exp: 2008-08-31→ Common Stock (61,111 underlying)
Holdings
- 38,048
Common Stock
- 1,595(indirect: By 401(k))
Common Stock
- 499,201(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Includes 689 shares acquired on March 31, 2005 under the Microsoft Employee Stock Purchase Plan.
- [F2]401(k) balance as of April 30, 2005
- [F3]1-for-1
- [F4]As a result of a promotion to Senior Vice President, the reporting person received an increase in the number of specified performance target shares under a shared performance stock award ("SPSA") previously reported on a Form 5 filed on August 13, 2004.
- [F5]The number of shares ultimately received depends on the company's performance against specified performance targets. At the end of the performance period, the number of shares of stock and stock awards will be determined by adjusting upward or downward from a target in a range between 33% and 150%. The number reported herein is based on the 33% minimum. The final performance percentage on which the payout will be based, considering company performance metrics established for the performance period, will be determined by the board or a board committee in its sole discretion. Shares of stock are issued at the end of the performance period and as the stock awards vest over the following two years, provided that the reporting person remains continuously employed through the applicable vest date.
- [F6]One-third of the number of shares of common stock ultimately awarded under the SPSA will be distributed to the reporting person on or about August 31, 2006 (the "initial vest date"), an additional one-third shall vest and distributed to the reporting person on each of the first and second anniversaries of the initial vest date, provided that the Reporting Person remains continuously employed through the applicable vesting date.
Documents
Issuer
MICROSOFT CORP
CIK 0000789019
Entity typeoperating
IncorporatedWA
Related Parties
1- filerCIK 0000789019
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 5:27 PM ET
- Size
- 10.0 KB