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BOEING CO — Director's Dealing 2006
Dec 7, 2006
14815_dirs_2006-12-06_ced7be0a-1c2f-44db-9935-4317784f0215.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: 2006-12-04
Reporting Person: STEPHENS RICHARD DENNIS (Sr. VP, Human Resources/Admin)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-12-04 | Common | M | 1694.2 | — | Acquired | 6611.20 | Direct |
| 2006-12-04 | Common | F | 693.2 | — | Disposed | 5918.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-12-04 | 2004 Performance Shares | $ | M | 1694.2 | Disposed | 2009-02-23 | Common (1694.20) | Direct |
| 2006-12-04 | 2004 Performance Shares | $ | M | 1694.21 | Disposed | 2009-02-23 | Common (1694.21) | Direct |
| 2006-12-04 | Deferred Compensation Units | $ | M | 1686.11 | Acquired | Common (1686.11) | Indirect | |
| 2006-12-04 | Deferred Compensation Units | $ | A | 421.53 | Acquired | Common (421.53) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 2843.97 | Indirect |
| Common | 10281.23 | Indirect |
Footnotes
F1: Performance shares convert into common stock on a 1-for-1 basis on vesting.
F2: Includes adjustments for dividends accrued.
F3: 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.
F4: 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.
F5: Phantom stock units are convertible into common stock on a 1-for-1 basis.
F6: 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.
F7: Performance Share company match allocated to reporting person's stock account under the deferred compensation plan.