4//SEC Filing
LAYNE CHRISTENSEN CO 4
Accession 0000888504-17-000004
CIK 0000888504operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:08 PM ET
Size
8.0 KB
Accession
0000888504-17-000004
Insider Transaction Report
Form 4
GILMORE ROBERT R
Director
Transactions
- Award
Phantom Stock Units
2017-04-01$8.53/sh+225.31$1,922→ 400.47 total→ Common Stock (225.31 underlying) - Award
Restricted Stock Units
2017-04-03+5,650→ 5,650 total→ Common Stock (5,650 underlying)
Footnotes (4)
- [F1]The Conversion or Exercise Price is 1 for 1.
- [F2]The Phantom Stock Units were accrued under the Layne Christensen Company Deferred Compensation Plan for Directors and are to be settled 100% in cash. The Phantom Stock Units are to be settled within thirty (30) days after (i) the date pre-selected by the reporting person or (ii) the date the reporting person ceases to be a Director.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Layne common stock.
- [F4]The restricted stock units vest on the earlier of (i) the reporting person's death or disability, or (ii) April 3, 2018, provided the reporting person remains a director of the company until such date.
Documents
Issuer
LAYNE CHRISTENSEN CO
CIK 0000888504
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000888504
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 5:08 PM ET
- Size
- 8.0 KB