COTTERELL SAMUEL K 4

Accession 0001391390-12-000033

CIK 0001391390other

View on SEC.gov Company Profile

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 12:47 PM ET

Size

25.3 KB

Accession

0001391390-12-000033

Insider Transaction Report

Form 4

Period: 2012-03-15

BOISE INC.BZ

COTTERELL SAMUEL K

Vice President & Controller

Transactions

Award
2012 Stock Options
2012-03-15+43,944→ 43,944 total
Exercise: $8.24From: 2013-03-15→ Common Stock (43,944 underlying)
Exercise/Conversion
Common Stock
2012-03-15+60,000→ 98,876 total
Exercise/Conversion
Common Stock
2012-03-15+3,984→ 111,860 total
Award
2012 Restricted Stock Units
2012-03-15+21,867→ 21,867 total
From: 2013-03-15Exp: 2015-03-16→ Common Stock (21,867 underlying)
Tax Payment
Common Stock
2012-03-15$8.24/sh−24,998$205,984→ 86,862 total
Exercise/Conversion
2011 Restricted Stock Units
2012-03-15−9,000→ 9,000 total
From: 2012-03-15Exp: 2013-03-15→ Common Stock (9,000 underlying)
Exercise/Conversion
Common Stock
2012-03-15+9,000→ 107,876 total
Exercise/Conversion
2009 Restricted Stock Units
2012-03-15−60,000→ 0 total
From: 2010-03-15Exp: 2012-03-15→ Common Stock (60,000 underlying)
Exercise/Conversion
2011 Restricted Stock Units
2012-03-15−3,984→ 0 total
From: 2012-03-15Exp: 2012-03-15→ Common Stock (3,984 underlying)

Holdings

2011 Restricted Stock Units
From: 2013-03-15Exp: 2014-03-17→ Common Stock (14,724 underlying)
14,724
2011 Stock Options
Exercise: $8.55From: 2013-03-15→ Common Stock (29,006 underlying)
29,006

Footnotes (7)

[F1]On March 16, 2009, Mr. Cotterell was awarded 100,000 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan. The final 60% portion of this award, 60,000 RSUs, vested on March 15, 2012. Mr. Cotterell elected to have shares withheld to satisfy his tax withholding obligations on these vested shares.
[F2]On January 1, 2011, Mr. Cotterell was awarded 18,000 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan upon his election as our senior vice president and chief financial officer. One half (1/2) of this award, 9,000 RSUs, vested on March 15, 2012. Mr. Cotterell elected to have shares withheld to satisfy his tax withholding obligations on these vested shares.
[F3]On March 15, 2011, Mr. Cotterell was awarded 3,984 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan, all of which vested on March 15, 2012. Mr. Cotterell elected to have shares withheld to satisfy his tax withholding obligations on these vested shares.
[F4]Each restricted stock unit represents a contingent right to receive one share of Boise Inc. common stock.
[F5]On March 15, 2011, Mr. Cotterell was awarded 14,724 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan. These service-condition vesting RSUs vest as follows: one half (1/2) will vest on March 15, 2013, and one half (1/2) will vest on March 17, 2014.
[F6]On March 15, 2012, Mr. Cotterell was awarded 21,867 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan. These service-condition vesting RSUs vest as follows: one third (1/3) will vest on March 15, 2013, one third (1/3) will vest on March 17, 2014, and one third (1/3) will vest on March 16, 2015.
[F7]Reflects an award of nonqualified stock options under the Boise Inc. Incentive and Performance Plan. In general, these options expire ten years after the award date. Termination of employment may shorten the exercise period, as described in the stock option award agreement.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

BOISE INC.

CIK 0001391390

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Entity typeother

Related Parties

filerCIK 0001326943

Filing Metadata

Form type: 4
Filed: Mar 18, 8:00 PM ET
Accepted: Mar 19, 12:47 PM ET
Size: 25.3 KB

View on SEC.gov