Filing Details

Accession Number:
0001391390-12-000049
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-22 17:53:55
Reporting Period:
2012-03-22
Filing Date:
2012-03-22
Accepted Time:
2012-03-22 17:53:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1391390 Boise Inc. BZ Papers & Allied Products (2600) 208356960
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1433998 A Robert Warren Boise Inc.
1111 West Jefferson Street, Suite 200
Boise ID 83702-5388
Executive Vice President & Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-03-22 40,000 $8.05 128,212 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock 2010 Restricted Stock Units $0.00 2013-11-15 2013-11-15 50,000 50,000 Direct
Common Stock 2011 Restricted Stock Units $0.00 2013-03-15 2014-03-17 21,034 21,034 Direct
Common Stock 2012 Restricted Stock Units $0.00 2013-03-15 2015-03-16 30,120 30,120 Direct
Common Stock 2011 Stock Options $8.55 2013-03-15 41,438 41,438 Direct
Common Stock 2012 Stock Options $8.24 2013-03-15 60,525 60,525 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-11-15 50,000 50,000 Direct
2014-03-17 21,034 21,034 Direct
2015-03-16 30,120 30,120 Direct
41,438 41,438 Direct
60,525 60,525 Direct
Footnotes
  1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Warren on November 8, 2010.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions on March 22, 2012, at prices ranging from $8.01 to $8.12, inclusive. Mr. Warren undertakes to provide to any security holder of Boise Inc. or the SEC staff, upon request, full information regarding the number of shares sold at each separate price.
  3. Each restricted stock unit represents a contingent right to receive one share of Boise Inc. common stock.
  4. On November 1, 2010, Mr. Warren was awarded 50,000 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan upon his election as our executive vice president and chief operating officer. These service-condition vesting RSUs will vest on November 15, 2013.
  5. On March 15, 2011, Mr. Warren was awarded 21,034 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan. These service-condition vesting RSUs vest as follows: one half (1/2) will vest on March 15, 2013, and one half (1/2) will vest on March 17, 2014.
  6. On March 15, 2012, Mr. Warren was awarded 30,120 restricted stock units (RSUs) under the Boise Inc. Incentive and Performance Plan. These service-condition vesting RSUs vest as follows: one third (1/3) will vest on March 15, 2013, one third (1/3) will vest on March 17, 2014, and one third (1/3) will vest on March 16, 2015.
  7. Reflects an award of nonqualified stock options under the Boise Inc. Incentive and Performance Plan. In general, these options expire ten years after the award date. Termination of employment may shorten the exercise period, as described in the stock option award agreement.