HEWITT WILLIAM B 4
4 · POLYMER GROUP INC · Filed Jan 13, 2009
Insider Transaction Report
Form 4
POLYMER GROUP INCPOLGA.OB
HEWITT WILLIAM B
Director
Transactions
- Award
Class A Common Stock
2009-01-09$100.50/sh+10,050$1,010,025→ 25,377 total - Award
Class A Common Stock
2009-01-09$10.87/sh+1,087$11,816→ 26,464 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 1-9-2009 pursuant to Rule 16b-3. Of these 10,050 shares, 5,025 of such shares will vest on 1/9/2010 and the remaining 5,025 shares will vest on 1/9/2011.
- [F2]The shares of restricted stock were granted to the reporting person on 1-9-2009 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.