UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock option (right to buy) | Â (2) | 05/11/2015 | Common Stock | 3,500 | $ 24.1 | D | Â |
Restricted stock unit | Â (4) | Â (4) | Common Stock | 5,070 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Zachman Joseph M 3000 MAIN STREET PO BOX 6129 (47903) LAFAYETTEÂ 47905 |
 |  |  Sr. VP - Manufacturing |  |
Joseph M. Zachman | 06/02/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 3,500 restricted stock grant vesting in 3 equal installments on 5/11/08, 09 & 10; 2,450 restricted stock grant is fully vested on 5/18/09 |
(2) | 1/3 vested, remaining 2/3 vests in equal installments on 5/11/07 & 08 |
(3) | Each restricted stock unit represents a contingent right to receive one share of WNC common stock |
(4) | The grantee will be entitled to receive shares of common stock equal to the number of units that have vested as of 5/18/09, which will be determined on measurement of the Corporation's achievement of certain financial goals |