REYNOLDS AMERICAN INC 4
4 · REYNOLDS AMERICAN INC · Filed May 11, 2007
Insider Transaction Report
Form 4
CHAIN JOHN T JR
Director
Transactions
- Award
Phantom Stock Units
2007-05-11+2,000→ 16,638.11 totalExercise: $0.00→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]One Unit represents one share of Common Stock.
- [F2]Under the Equity Incentive Award Plan for Directors, directors of the Issuer are awarded 2,000 Units on an annual basis. Units bear quarterly dividends at the same rate as Issuer's Common Stock, but the dividends are paid in the form of additional Units.
- [F3]Units are payable upon termination of the director's service with the Issuer.