X0202 4 2006-02-23 0000831327 IMPERIAL SUGAR CO /NEW/ IPSU 0001197331 PEISER ROBERT A 8016 HIGHWAY 90 A SUGAR LAND 77478 1 1 President & CEO Common Stock 2006-02-23 4 M 0 20000 0 A 70667 D Common Stock 2006-02-23 4 S 0 15000 24.03 D 55667 D Common Stock 2006-02-23 4 S 0 20000 24.272 D 35667 D Stock Options 3.05 2006-02-23 4 M 0 20000 0 D 2002-04-11 2012-04-11 Common Stock 20000 205000 D This is an average price for a number of transactions. The original exercise price of the option has been reduced to reflect the $2.50 dividend that was paid to shareholders on November 11, 2005. All vesting and termination dates for these options remain the same. Susan Di Mucci, Attorney in Fact 2006-02-24