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BOEING CO — Director's Dealing 2005
Aug 25, 2005
14815_dirs_2005-08-25_51a2c870-c97e-4f23-8d64-9dcf5c201f36.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BOEING CO (BA)
CIK: 0000012927
Period of Report: 2005-08-23
Reporting Person: STEPHENS RICHARD DENNIS (Sr. VP, Internal Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-08-23 | Common | M | 794.3 | — | Acquired | 8126.30 | Direct |
| 2005-08-23 | Common | F | 234.3 | — | Disposed | 7892.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-08-23 | 2003 Performance Shares | $ | M | 794.3 | Disposed | 2008-02-23 | Common (794.30) | Direct |
| 2005-08-23 | 2003 Performance Shares | $ | M | 794.3 | Disposed | 2008-02-23 | Common (794.30) | Direct |
| 2005-08-23 | Deferred Compensation Units | $ | M | 793.18 | Acquired | Common (793.18) | Indirect | |
| 2005-08-23 | Deferred Compensation Units | $ | A | 198.3 | Acquired | Common (198.30) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 2568.61 | Indirect |
| Common | 10053.09 | Indirect |
Footnotes
F1: Performance shares convert on 1 for 1 basis on vesting
F2: Represents an additional 10% of 2003 Performance Shares awarded to reporting person pursuant to Company reaching the 120% vesting installment.
F3: 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.
F4: Phantom stock units are convertible into common stock on a 1-for-1 basis.
F5: Reflects deferral of phantom stock units by reporting person upon vesting of performance stock units. Units are calculated based upon the difference between the closing price and the fair market value on the date of the transaction.
F6: 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.
F7: Performance Share company match allocated to reporting person's performance share account under the deferred compensation plan.