4//SEC Filing
Bunge LTD 4
Accession 0001284260-05-000004
CIK 0001144519operating
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 9:43 AM ET
Size
6.6 KB
Accession
0001284260-05-000004
Insider Transaction Report
Form 4
SAINT CARLOS MARCELO BRAUN
Director
Transactions
- Award
Phantom Stock Units
2005-09-30$15.90/sh+1,226.415$19,500→ 11,880.034 total→ Common Stock (370.582 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 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]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.
Documents
Issuer
Bunge LTD
CIK 0001144519
Entity typeoperating
Related Parties
1- filerCIK 0001144519
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 9:43 AM ET
- Size
- 6.6 KB