POLYMER GROUP INC 4
4 · POLYMER GROUP INC · Filed Jul 9, 2008
Insider Transaction Report
Form 4
POLYMER GROUP INCPOLGA.OB
HEWITT WILLIAM B
Director
Transactions
- Award
Class A Common Stock
2008-07-07$22.64/sh+2,264$51,257→ 13,782 total - Award
Class A Common Stock
2008-07-07$6.74/sh+674$4,543→ 14,456 total
Footnotes (2)
- [F1]The shares of restricted stock were granted to the reporting person under the terms of the Polymer Group, Inc. 2004 Restricted Stock Plan on 7/7/08 pursuant to Rule 16b-3. Of these 2,264 shares, 1,132 of such shares will vest on 7/7/09 and the remaining 1,132 shares will vest on 7/7/10.
- [F2]The shares of restricted stock were granted to the reporting person on 7/7/08 pursuant to Rule 16b-3. These shares vest immediately and were granted to the reporting person under the terms of the Polymer Group, Inc. 2004 Restricted Stock Plan in lieu of the cash to which the reporting person is otherwise entitled for quarterly directors fees.