Hoekstra Herre Ynte 4
4 · CASCADE CORP · Filed Jun 8, 2006
Insider Transaction Report
Form 4
CASCADE CORPCAE
Hoekstra Herre Ynte
VP & Managing Director-Europe
Transactions
- Award
Stock Appreciation Rights
2006-06-06+17,500→ 17,500 totalExercise: $37.05Exp: 2016-06-06→ Common Stock
Footnotes (2)
- [F1]The Stock Appreciation Rights vest and are exercisable as to 25% of the total on June 6, 2007, and 25% on June 6 of each of the following three years.
- [F2]The number of shares underlying stock appreciation rights will be determined at the time of exercise by calculating the difference between the closing price of Cascade common stock on the date of exercise and the base price of the stock appreciation rights established at the time of grant (see column 2), multiplying that figure by the number of stock appreciation rights held by the reporting person, and then dividing the product by the closing price of Cascade common stock on the date of exercise.