FORSTER FREDRIC J 4
4 · NEW CENTURY FINANCIAL CORP · Filed Feb 2, 2007
Insider Transaction Report
Form 4
FORSTER FREDRIC J
Director
Transactions
- Award
Phantom Stock
2007-01-31$30.27/sh+44.08$1,334→ 746.35 total→ Common Stock (44.08 underlying)
Footnotes (2)
- [F1]Each share of phantom stock will be paid by delivery of one share of the issuer's common stock or, in the issuer's discretion, cash of equivalent value. The shares of phantom stock become payable upon the reporting person's termination of service as a director.
- [F2]Phantom stock credited under the issuer's Directors Deferred Compensation Plan in connection with the payment by the issuer of a dividend on its common stock.