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BOEING CO — Director's Dealing 2007
Mar 20, 2007
14815_dirs_2007-03-20_a3d1ec1e-85c6-4c57-bc4d-618c1cc9efd3.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 | 4125.11 | Indirect |
| 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 (10269.95) | 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: Reflects ownership in 401(k) account which was inadvertently omitted from original Form 3 and subsequent Form 4 reports.
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: Reduces ownership by 2,200.71 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 a subsequent Form 4 report filed by the reporting person on May 12, 2006.
F6: 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.
F7: BSUs vest and are payable in cash or stock three years after the award is granted.
F8: Boeing Stock Units (BSUs) convert into common stock on a 1-for-1 basis if settled in stock. BSUs are phantom stock units allocated to the reporting person's Boeing Stock Unit account under the Incentive Compensation Plan.
F9: 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.
F10: Phantom stock units are convertible into common stock on a 1-for-1 basis.
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.