WHITE CHELSEA C III 4
4 · CNF INC · Filed Jan 27, 2005
Insider Transaction Report
Form 4
CNF INCCNF
WHITE CHELSEA C III
Director
Transactions
- Disposition to Issuer
Non-qualified stock option (right to buy)
2005-01-01−2,500→ 0 totalExercise: $50.10Exp: 2015-01-01→ Common Stock (2,500 underlying) - Disposition to Issuer
Common Stock
2005-01-01−499→ 810 total
Footnotes (2)
- [F1]Stock option and restricted stock grants cancelled upon mutual agreement in connection with change in Company's director compensation policy. No consideration was received at the time of cancellation, although directors serving on the Company's Board of Directors in April 2005 will receive grants of restricted stock.
- [F2]Each option granted under the Plan shall vest and become exercisable as to 1/12 of the shares covered thereby on a monthly basis such that the option will be fully exercisable one year after its date of grant.