AKITT JOHN E 4
4 · CYTEC INDUSTRIES INC/DE/ · Filed Jan 8, 2004
Insider Transaction Report
Form 4
AKITT JOHN E
Director
Transactions
- Award
Deferred Stock Award
2004-01-05$38.39/sh+260$9,981→ 260 totalExercise: $38.39From: 1988-08-08Exp: 1988-08-08→ Common Stock (260 underlying)
Footnotes (1)
- [F1]Pursuant to stockholder approved 1993 Stock Award and Incentive Plan, and an election made by Mr. Akitt, Mr. Akitt received a deferred stock award of 260 shares in lieu of his $10,000 semi annual retainer fee. Deferred stock awards are paid for no additional consideration in the form of an equivalent number of shares of common stock following termination of service as a director.