LANE JEFFREY PHILIP 4
4 · BOISE INC. · Filed May 4, 2011
Insider Transaction Report
Form 4
LANE JEFFREY PHILIP
Senior Vice President
Transactions
- Purchase
Common Stock
2011-05-04$8.20/sh+10,000$82,000→ 440,940 total
Holdings
- 21,472
2011 Stock Option
Exercise: $8.55From: 2013-03-15→ Common Stock (21,472 underlying)
Footnotes (1)
- [F1]On March 15, 2011, Mr. Lane was awarded a nonqualified stock option under the Boise Inc. Incentive and Performance Plan. This stock option award will vest and become exercisable as follows: 10,736 shares will vest and become exercisable on March 15, 2013; and the remaining 10,736 will vest and become exercisable on March 17, 2014. This award, to the extent vested, must be exercised on or before the earliest of the following: the tenth anniversary of the award date; five years after the date of Mr. Lane's retirement; three years after Mr. Lane's death or total and permanent disability; or one year after Mr. Lane's termination pursuant to his stock option award agreement.