RUSSELL NEIL 4
4 · HYDRIL CO · Filed Jun 3, 2005
Insider Transaction Report
Form 4
HYDRIL COHYDL
RUSSELL NEIL
Sr. VP-Prem. Conns./Busn Devel
Transactions
- Gift
Restricted units
2005-05-28−4,200→ 0 total→ Common stock (4,200 underlying) - Award
Restricted units
2005-06-01−5,400→ 5,400 total→ Common stock (5,400 underlying)
Holdings
- 6,050
Common stock
Footnotes (2)
- [F1]No common stock will be issued until the restricted stock units vest and are automatically converted to common stock on a one-for-one basis as follows: 60% on June 1, 2008, 20% on June 1, 2009 and 20% on June 1, 2010.
- [F2]No common stock will be issued until the restricted stock units vest and are automatically converted to common stock on a one-for-one basis as follows: 33% on June 1, 2005, 33% on June 1, 2006 and 33% on June 1, 2007.