SCORSONE VINCENT R 4
4 · QUANEX CORP · Filed Jul 5, 2005
Insider Transaction Report
Form 4
SCORSONE VINCENT R
Director
Transactions
- Award
Phantom Stock Units
2005-06-30$53.01/sh+17.523$929→ 6,897.87 totalExercise: $0.00From: 2005-06-30Exp: 1988-08-08→ Common Stock (17.523 underlying)
Holdings
- 3,000
Stock Options (Right to buy)
Exercise: $26.70From: 2003-10-31Exp: 2013-10-31→ Common Stock (3,000 underlying)
Footnotes (3)
- [F1]Units that are credited to the participant's account under the Quanex Corporation Deferred Compensation Plan as a result of Dividend Reinvestment.
- [F2]Conversion price is 1-for-1.
- [F3]All units credited under the Deferred Compensation Plan are 100% vested at all times; provided, however, that if a participant receives a benefit from the Deferred Compensation Plan for any reason other than death, disability or retirement within three years after a deferral is credited to a participant's account, any matching awards made by the Company with respect to such deferral will be forfeited. Distributions under the Deferred Compensation Plan are made beginning on a specified date selected bythe participant or upon a participant's death, disability, or termination of employment.