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BOEING CO — Director's Dealing 2006
Dec 21, 2006
14815_dirs_2006-12-21_352387ca-3008-4339-bd41-cd639418dc70.zip
Director's Dealing
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SEC Form 3/A — Form 3/A
Issuer: BOEING CO (BA)
CIK: 0000012927
Period of Report: 2006-05-01
Reporting Person: Hill Shephard W (SVP, Business Dev. & Strategy)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 9988.26 | Direct |
| Common | 7873.95 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 2002 Performance Shares | $ | 2007-02-25 | Common (3564.14) | Direct | |
| 2004 Performance Shares | $ | 2009-02-23 | Common (4934.81) | Direct | |
| 2005 Performance Shares | $ | 2010-02-28 | Common (12470.66) | Direct | |
| Boeing Stock Units | $ | Common (4844.85) | Direct | ||
| Deferred Compensation Units | $ | Common (1471.74) | Indirect | ||
| Stock Option (Right to Buy) | $74.4450 | 2016-02-27 | Common (10800.00) | Direct | |
| Stock Option (Right to Buy) 93-18Q | $53.0300 | 2007-01-13 | Common (4774.00) | Direct | |
| Stock Option (Right to Buy) 93-20 & 93-21 | $53.2188 | 2007-02-24 | Common (1450.00) | Direct |
Footnotes
F1: Reduces ownership by 1,188.05 performance shares that were inadvertently included in the reporting person's original Form 3 filed on May 4, 2006; these performance shares were also included in subsequent Form 4 reports filed by the reporting person before December 5, 2006.
F2: 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.
F3: Performance shares convert into common stock on a 1-for-1 basis on vesting.
F4: 2004 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 $60.94, 30% at $65.30, 45% at $69.65, 60% at $74.00, 75% at $78.35, 90% at $82.71, 100% at $87.06, 110% at $91.41, 120% at $95.77, and 125% at $97.94.
F5: 2005 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 $74.49, 30% at $79.82, 45% at $85.14, 60% at $90.46, 75% at $95.78, 90% at $101.10, 100% at $106.42, 110% at $111.74, 120% at $117.06, and 125% at $119.72.
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 is granted.
F7: Boeing Stock Units convert into common stock on a 1-for-1 basis if settled in stock.
F8: Phantom stock units acquired by reporting person pursuant to the Company's Deferred Compensation Plan. Units are payable in stock or cash. Company match contributions are forfeited upon termination for any reason other than retirement, death, disability or layoff.
F9: Phantom stock units are convertible into common stock on a 1-for-1 basis.
F10: The reporting person's ownership of deferred compensation units is corrected to reflect that such ownership is indirect through the Deferred Compensation Stock Program.
F11: Options become exercisable as to 34% of the award on the 1st anniversary of the grant date (2/27/2006) and 33% of the award on each of the 2nd and 3rd anniversaries of the grant date.
F12: Options become exercisable approximately 40% on the 1st anniversary and 30% on each of the 3rd and 5th anniversary of the grant date.