4//SEC Filing
SAINT CARLOS MARCELO BRAUN 4
Accession 0001284241-05-000008
CIK 0001144519other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 5:48 PM ET
Size
9.8 KB
Accession
0001284241-05-000008
Insider Transaction Report
Form 4
SAINT CARLOS MARCELO BRAUN
Director
Transactions
- Award
Stock Options (Right to buy)
2005-05-27$60.81/sh+5,500$334,483→ 5,500 totalExercise: $60.81From: 2006-01-01Exp: 2015-05-26→ Common Stock (5,500 underlying) - Award
Phantom Stock Units
2005-03-31$16.15/sh+1,093.425$17,659→ 9,707.644 total→ Common Stock (327.74 underlying)
Footnotes (7)
- [F1]Phantom stock units are issued under the Bunge Limited Deferred Compensation Plan for Non-Employee Directors (the "Directors Plan") and are settled in cash or shares of BG common stock, at the reporting person's election. The number of shares delivered upon settlement is calculated by multiplying the number of phantom stock units by the fair market value of a phantom stock unit on the date of settlement. Such amount is then divided by the closing price of a share of BG common stock on the settlement date. The conversion ratio is approximately 3.3 phantom stock units per share, but the exact ratio will vary as a relatively small portion of the value of each phantom stock unit corresponds to such unit's pro rata portion of cash held in the plan.
- [F2]Due to an administrative error, the number of derivative securities issued on March 31, 2005 pursuant to the Directors Plan was mistakenly reported on a Form 4 filed by the reporting person on April 4, 2005 as 1,073.0408.
- [F3]Immediately.
- [F4]The settlement of phantom stock units will be in cash or shares of BG common stock, at the reporting person's election, upon the earlier to occur of (a) the reporting person's termination of service with BG and (b) a change in control of BG.
- [F5]Due to an administrative error, the number of shares of BG common stock underlying the derivative securities issued on March 31, 2005 pursuant to the Directors Plan was mistakenly reported on a Form 4 filed by the reporting person on April 4, 2005 as 321.63.
- [F6]Due to an administrative error, the number of derivative securities beneficially owned by the reporting person on March 31, 2005 was mistakenly reported on a Form 4 filed by the reporting person on April 4, 2005 as 9,687.2598.
- [F7]This option is fully exercisable as of January 1, 2006.
Documents
Issuer
Bunge LTD
CIK 0001144519
Entity typeother
Related Parties
1- filerCIK 0001284260
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 5:48 PM ET
- Size
- 9.8 KB