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4//SEC Filing

CIRCOR INTERNATIONAL INC 4

Accession 0001256370-05-000003

CIK 0001091883operating

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 4:16 PM ET

Size

11.4 KB

Accession

0001256370-05-000003

Insider Transaction Report

Form 4
Period: 2005-02-18
TAYLOR BARRY L SR
Group Vice President
Transactions
  • Award

    Restricted Stock Units

    2005-02-18+695695 total
    Common Stock (695 underlying)
  • Award

    Stock Option Right to Buy

    2005-02-18+7,6007,600 total
    Exercise: $24.90Exp: 2015-02-18Common Stock (7,600 underlying)
  • Award

    Restricted Stock Units

    2005-02-18+2,5002,500 total
    Common Stock (2,500 underlying)
Footnotes (6)
  • [F1]The options vest 20% over a five-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 portion thereof and (ii) such longer deferral period as the reporting person may have electied in advance.
  • [F4]The restricted stock units reported herein vest in equal installments of one-third over a three year period commencing on 2/18/2006.
  • [F5]As noted in footnotes 3 and 4, the restricted stock units vest over a three-year period and, subject to a longer deferral period elected 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 certain executives may make an advance election to receive RSUs in lieu of a specified percentage or dollar amount of the individual's annual incentive cash bonus under bonus plan applicable to the executive. RSUs are issued based on a 33% discount to fair market value of issuer's common stock unless executive previously has elected a longer deferral period.

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, 4:16 PM ET
Size
11.4 KB