4//SEC Filing
SAINT CARLOS MARCELO BRAUN 4
Accession 0001284260-05-000003
CIK 0001144519other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 3:54 PM ET
Size
6.6 KB
Accession
0001284260-05-000003
Insider Transaction Report
Form 4
SAINT CARLOS MARCELO BRAUN
Director
Transactions
- Award
Phantom Stock Units
2005-06-30$18.88/sh+945.975$17,860→ 10,653.619 total→ Common Stock (281.703 underlying)
Footnotes (2)
- [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 a 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]The settlement of phantom stock units will be in cash or shares of BG common stock, at the reporting person's election, upon earlier of (a) the reporting person's termination of service with BG and (b) a change in control of BG.
Documents
Issuer
Bunge LTD
CIK 0001144519
Entity typeother
Related Parties
1- filerCIK 0001284260
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 3:54 PM ET
- Size
- 6.6 KB