X0202
4
2008-03-28
0000276889
QUANEX CORP
NX
0001028618
ROSS JOSEPH J
1900 WEST LOOP SOUTH
SUITE 1500
HOUSTON
TX
77027
1
0
0
0
Phantom Stock Units
0
2008-03-28
4
A
0
40.905
51.6
A
Common Stock
40.905
15117.494
D
Restricted Stock Units
Common Stock
1353
1353
D
Stock Options (Right to buy)
11.5333
2001-10-31
2011-10-31
Common Stock
4500
4500
D
Stock Options (Right to buy)
15.7955
2002-10-31
2012-10-31
Common Stock
4500
4500
D
Stock Options (Right to buy)
15.9333
2003-05-23
2012-05-22
Common Stock
13500
13500
D
Stock Options (Right to buy)
17.8
2003-10-31
2013-10-31
Common Stock
4500
4500
D
Stock Options (Right to buy)
22.5333
2004-10-31
2014-10-31
Common Stock
4500
4500
D
Stock Options (Right to buy)
33.51
2006-10-31
2016-10-31
Common Stock
3388
3388
D
Stock Options (Right to buy)
38.6067
2005-10-31
2015-10-31
Common Stock
3042
3042
D
Stock Options (Right to buy)
41.19
2007-10-31
2017-10-31
Common Stock
2528
2528
D
Conversion price is 1-for-1.
All units credited under the Deferred Compensation Plan are 100% vested at all times; provided, however, that if a participant receives a benefit from the Deferred Compensation Plan for any reason other than death, disability or retirement within three years after a deferral is credited to a participant's account, any matching awards made by the Company with respect to such deferral will be forfeited. Distributions under the Deferred Compensation Plan are made beginning on a specified date selected bythe participant or upon a participant's death, disability, or termination of employment.
The restricted stock unit will vest immediately, but will not be payable until death, disability or cessation of service on the board or change of control.
Units that are credited to the participant's account under the Quanex Corporation Deferred Compensation Plan as a result of Dividend Reinvestment.
Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of NX common stock.
John J. Mannion, Power of Attorney
2008-04-01