CALLAHAN THOMAS E 4
4 · CIRCOR INTERNATIONAL INC · Filed Jan 10, 2006
Insider Transaction Report
Form 4
CALLAHAN THOMAS E
Director
Transactions
- Exercise/Conversion
Common Stock
2006-01-06+334→ 1,334 total - Exercise/Conversion
Restricted Stock Units
2006-01-06−334→ 166 totalFrom: 2006-01-06→ Common Stock (334 underlying)
Footnotes (1)
- [F1]The Restricted Stock Units (RSUs), the conversion of which are represented herein were granted to the reporting person by the issuer as part of the equity incentive grants made by the issuer on January 6, 2004. On that date the fair market value of a share of the issuer's stock was $23.80. The RSUs vest in equal portions over a 3-year period and are received by the reporting person upon vesting unless the reporting person has previously chosen a longer deferral period. This report reflects the vesting of the second one-third of these RSUs, the acquisition by the reporting person of the first and second thirds of the underlying shares. The fair market value of the shares, based on the closing price of the issuer's stock on January 5, 2006 is $25.81.