RJR Executive Establishes Stock Trading Plan
24 12월 2003 - 6:08AM
PR Newswire (US)
RJR Executive Establishes Stock Trading Plan WINSTON-SALEM, N.C.,
Dec. 23 /PRNewswire-FirstCall/ -- Thomas R. Adams, senior vice
president and controller of R.J. Reynolds Tobacco Holdings, Inc. ,
has established a stock trading plan under Rule 10b5-1 of the
Securities and Exchange Act of 1934. Adams filed a plan to sell
restricted shares issued to him as part of RJR's long-term
incentive program. The shares were granted in January 2001, will
vest in January 2004, and be sold thereafter. The final number of
shares vesting is contingent upon RJR and its subsidiaries meeting
certain performance measures and will be determined at year-end
2003, but is not expected to exceed 3,220 shares. In accordance
with RJR's share-ownership guidelines, after the sale of shares
under this 10b5-1 plan, Adams will own shares of RJR stock equal to
at least 25 percent of the original number of restricted shares
granted to him since the company became public in 1999. This
generally equates to 50 percent of the net proceeds after paying
taxes. Rule 10b5-1 plans permit individuals who are not in
possession of material nonpublic information to establish
prearranged plans to buy or sell company stock. The rule allows
individuals adopting such plans to sell shares over a specified
period of time or at a specific price in the future, regardless of
any subsequent material nonpublic information they receive. R.J.
Reynolds Tobacco Holdings, Inc. is the parent company of R.J.
Reynolds Tobacco Company and Santa Fe Natural Tobacco Company, Inc.
R.J. Reynolds Tobacco Company is the second-largest tobacco company
in the United States, manufacturing about one of every four
cigarettes sold in the United States. Reynolds Tobacco's product
line includes four of the nation's 10 best-selling cigarette
brands: Camel, Winston, Salem and Doral. Santa Fe Natural Tobacco
Company, Inc. manufactures Natural American Spirit cigarettes and
other tobacco products, and markets them both nationally and
internationally. Copies of RJR's news releases, annual reports, SEC
filings and other financial materials are available on the
company's website, http://www.rjrholdings.com/ . DATASOURCE: R.J.
Reynolds Tobacco Holdings, Inc. CONTACT: Media, Seth Moskowitz,
+1-336-741-7698, or Investors, Carole Biermann Wehn,
+1-336-741-5182, both of R.J. Reynolds Tobacco Holdings, Inc. Web
site: http://www.rjrt.com/ http://www.rjrholdings.com/
Copyright
RJ Reynolds Tob (NYSE:RJR)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
RJ Reynolds Tob (NYSE:RJR)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024
RJ Reynolds Tob Hlds (뉴욕 증권거래소)의 실시간 뉴스: 최근 기사 0
More RJ Reynolds Tob Hlds News Articles