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BOEING CO — Director's Dealing 2003
Dec 10, 2003
14815_dirs_2003-12-10_33ca26d0-19d8-4443-8a6c-24ea89be83ec.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: BOEING CO (BA)
CIK: 0000012927
Period of Report: 2003-12-01
Reporting Person: JAMIESON JAMES M (Sr. VP, Chief Tech. Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 0 | Direct |
| Common | 7482.24 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 1999 Performance Shares | $0.00 | 2004-02-22 | Common (3726.13) | Direct | |
| 2000 Performance Shares | $0.00 | 2005-02-28 | Common (7720.66) | Direct | |
| 2001 Performance Shares | $0.00 | 2006-02-26 | Common (21131.75) | Direct | |
| 2002 Performance Shares | $0.00 | 2007-02-25 | Common (20963.87) | Direct | |
| 2003 Performance Shares | $0.00 | 2008-02-23 | Common (28336.96) | Direct | |
| Boeing Stock Units | $0.00 | Common (10843.20) | Direct | ||
| Deferred Compensation Units | $0.00 | Common (49221.37) | Indirect | ||
| Option (Right to Buy) 93-13 & 93-14 | $41.00 | 2006-02-26 | Common (1772.00) | Direct | |
| Option (Right to Buy) 93-20 & 93-21 | $53.22 | 2007-02-24 | Common (2524.00) | Direct |
Footnotes
F1: 1999 Performance Shares vest in the following installments when the average daily closing price of boeing stock reaches, for a specified period, the following dollar levels: 25% at $58.38, 40% at $61.08, 55% at $63.88, 75% at $66.79, 100% at $69.80 and 125% at $72.91.
F2: 2000 Performance Shares vest in the following installments when the average daily closing price of Boeing stock reaches, for a specified period, the following dollar levels: 25% at $59.59, 40% at $62.35, 55% at $65.21, 75% at $68.17, 100% at $71.24 and 125% at $74.42.
F3: 2001 Performance Shares vest in the following installments when the average daily closing price of Boeing stock reaches, for a specified period, the following dollar levels: 25% at $101.08, 40% at $105.75, 55% at $110.60, 75% at $115.63, 100% at $120.84 and 125% at $126.23.
F4: 2002 Performance Shares vest in the following installments when the average daily closing price of boeing stock reaches, for a specified period, the following dollar levels: 25% at $72.38, 40% at $75.73, 55% at $79.20, 75% at $82.80, 100% at $86.53 and 125% at $90.39.
F5: 2003 Performance Shares vest in the following installments when the average daily closing price of Boeing stock reaches, for a specified period, the following dollar levels: 15% at $42.38, 30% at $45.41, 45% at $48.43, 60% at $51.46, 75% at $54.49, 90% at $57.51, 100% at $60.54, 110% at $63.57, 120% at $66.59, and 125% at $68.11.
F6: Phantom stock units allocated to the reporting persons Boeing Stock Unit (BSUs) account under the Incentive Compensation Plan. BSUs vest and are payable in cash or stock three years after the award.
F7: Phantom stock units acquired by reporting person pursuant to the Company's Deferred Compensation Plan. Units are payable in stock or cash following termination for retirement, death, disability or layoff. Company match contributions are forfeited upon termination for any reason other than retirement, death, disability or layoff.
F8: Phantom stock units are convertible into common stock on a 1-for-1 basis.
F9: Options become exercisable approximately 40% on the 1st anniversary and 30% on each of the 3rd and 5th anniversary of the grant date.