REED CORDELL 4
4 · WALGREEN CO · Filed Jan 16, 2009
Insider Transaction Report
Form 4
WALGREEN COWAG
REED CORDELL
Director
Transactions
- Award
Dividend Equivalent Rights
2008-12-12$26.15/sh+72.672$1,900→ 72.672 total→ Common Stock (72.672 underlying) - Award
Phantom Stock Units
2009-01-14$26.14/sh+334.736$8,750→ 334.736 total→ Common Stock (334.736 underlying)
Footnotes (4)
- [F1]The phantom stock converts into the cash value of the company's common stock on a one-for-one basis.
- [F2]Issued under Walgreen Co. Nonemployee Director Stock Plan.
- [F3]To be settled in two installments, the first of which occurs within thirty (30) days following termination of service as a director, and the second, one year after the first settlement date.
- [F4]The dividend equivalent rights convert into the cash value of the company's common stock on a one-for-one basis.