Transaction Details

Footnotes

These common stock units were acquired upon Mr. Pickett's election to defer a portion of his cash award received under the Company's annual incentive plan. Mr. Pickett is immediately vested in 382.85 of these common stock units but will not be vested in the remaining 95.71 common stock units attributable to the incentive feature of the plan until he attains age 55, dies or becomes disabled while employed by Company. These 478.56 units will be distributed to him after his retirement from the Company based upon the following schedule: 33% received three years after retirement, 33% received four years after retirement and 34% received five years after retirement.