REYNOLDS AMERICAN INC 4
4 · REYNOLDS AMERICAN INC · Filed Apr 4, 2016
Insider Transaction Report
Form 4
Jobin Luc
Director
Transactions
- Award
Phantom Stock Units
2016-03-31+196.71→ 20,942.78 totalExercise: $0.00→ Common Stock (196.71 underlying)
Footnotes (4)
- [F1]One Unit represents one share of Common Stock.
- [F2]Under the Equity Incentive Award Plan for Directors, eligible directors of the Issuer are awarded Units on a quarterly 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 generally are payable upon termination of the director's service with the Issuer.
- [F4]Includes 171.69 additional Units paid as dividends on April 1, 2016.