Home/Filings/4/0001409943-07-000002
4//SEC Filing

THERMADYNE HOLDINGS CORP /DE 4

Accession 0001409943-07-000002

CIK 0000850660operating

Filed

Sep 30, 8:00 PM ET

Accepted

Oct 1, 5:48 PM ET

Size

8.1 KB

Accession

0001409943-07-000002

Insider Transaction Report

Form 4
Period: 2007-09-28
MOODY TERRY A
EVP-Global Operations
Transactions
  • Award

    Stock Option Right to Buy

    2007-09-28$14.36/sh+17,500$251,30017,500 total
    Exercise: $14.36Exp: 2017-09-28common stock (17,500 underlying)
  • Award

    Restricted shares

    2007-09-28+3,2003,200 total
Footnotes (1)
  • [F1]Option will vest based on Average ROIOC over a 3year period, beginning in 1/07 and ending in 12/09. Subject to applicable securities laws, the Stock Option granted pursuant to this Agreement shall vest and be exercisable as of May 1, 2010 as follows: a.If Average ROIOC for the Target Period is 35 percent or more, 100 percent vests b.If Average ROIOC for the Target Period is 30 percent, 67 percent vests c. If Average ROIOC for the Target Period is 25 percent, 33 percent of the Stock Option vests d.If Average ROIOC during the Target Period does not reach 25 percent, the Stock Option is forfeitedacknowledge and no longer exercisable.The parties agree and that incremental amounts of the Stock Option will vest for Average ROIOC between 25 percent and 30 percent and between 30 percent and 35 percent.

Issuer

THERMADYNE HOLDINGS CORP /DE

CIK 0000850660

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000850660

Filing Metadata

Form type
4
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 5:48 PM ET
Size
8.1 KB