POWELL INDUSTRIES INC 4
4 · POWELL INDUSTRIES INC · Filed Feb 11, 2004
Insider Transaction Report
Form 4
SEALE STEPHEN W JR
Director
Transactions
- Exercise/Conversion
Shadow Stock Units
2004-01-30$8.63/sh−231.88$2,000→ 0 total→ Common Stock (231.88 underlying) - Exercise/Conversion
Common Stock
2004-01-30+459→ 8,514 total - Exercise/Conversion
Shadow Stock Units
2004-01-30$7.25/sh−156.15$1,132→ 0 total→ Common Stock (156.15 underlying) - Exercise/Conversion
Shadow Stock Units
2004-01-30$8.50/sh−70.59$600→ 0 total→ Common Stock (70.59 underlying)
Footnotes (2)
- [F1]Shadow Stock Units were granted in payment of director's fees at the fair market value of the Common Stock on the date of the grant of the Shadow Stock Units. Shadow Stock Units automatically convert without further payment to shares of Common Stock at the expiration of the deferral period. Fractional shares are not issued.
- [F2]Various: Upon retirement from the Board of Directors or specified deferral term.