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BOEING CO — Director's Dealing 2005
Mar 10, 2005
14815_dirs_2005-03-10_27ad0681-14b7-402c-b4de-9dba511d6d07.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: 2005-03-08
Reporting Person: ALBAUGH JAMES F (Exec VP, Pres & CEO IDS)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-03-08 | 2003 Performance Shares | $ | M | 13736.72 | Disposed | 2008-02-23 | Common (13736.72) | Direct |
| 2005-03-08 | Boeing Stock Units | $ | M | 5245.25 | Disposed | Common (5245.25) | Direct | |
| 2005-03-08 | Deferred Compensation Units | $ | M | 5245.25 | Acquired | Common (5245.25) | Indirect | |
| 2005-03-08 | Deferred Compensation Units | $ | A | 1311.31 | Acquired | Common (1311.31) | Indirect |
Footnotes
F1: Performance shares convert on 1 for 1 basis on vesting
F2: Vested Performance Share deferred to cash account under Deferred Compensation Plan
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: Boeing Stock Units convert on a 1-for-1 basis if settled in stock
F5: 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.
F6: Phantom stock units are convertible into common stock on a 1-for-1 basis.
F7: Boeing Stock Units deferred to the Deferred Compensation Stock Program at vesting.
F8: 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.
F9: Company match to deferral of vested Boeing stock units to Deferred Compensation Stock Program