-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U/fz2/k7/1vqsXX24ha6U9+Sbdk8v8e0nMKqwjg4m7pdIe3uakUPEfTW1POCSHqx 75haafZ/q5+PjBPLQbNy0w== 0000351012-05-000046.txt : 20050415 0000351012-05-000046.hdr.sgml : 20050415 20050415163405 ACCESSION NUMBER: 0000351012-05-000046 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050413 FILED AS OF DATE: 20050415 DATE AS OF CHANGE: 20050415 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: INTERMAGNETICS GENERAL CORP CENTRAL INDEX KEY: 0000351012 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 141537454 STATE OF INCORPORATION: NY FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 450 OLD NISKAYUNA RD STREET 2: PO BOX 461 CITY: LATHAM STATE: NY ZIP: 12110-0461 BUSINESS PHONE: 5187821122 MAIL ADDRESS: STREET 1: 450 OLD NISKAYUNA ROAD STREET 2: PO BOX 461 CITY: LATHAM STATE: NY ZIP: 12110-0461 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mainelli Michael CENTRAL INDEX KEY: 0001315983 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11344 FILM NUMBER: 05754064 BUSINESS ADDRESS: BUSINESS PHONE: 518-782-1122 MAIL ADDRESS: STREET 1: 450 OLD NISKAYUNA ROAD CITY: LATHAM STATE: NY ZIP: 12110 4 1 c0001315983d20050414f4f.xml PRIMARY DOCUMENT X0202 4 2005-04-13 0 0000351012 INTERMAGNETICS GENERAL CORP IMGC 0001315983 Mainelli Michael 450 OLD NISKAYUNA ROAD P. O. BOX 461 LATHAM NY 12110-0461 0 1 0 0 Sector President Restricted Stock Units 0 2005-04-13 4 A 0 10000 0 A 2006-05-29 2007-08-30 Common Stock 10000 10000 D Restricted Stock Units 0 2005-04-13 4 A 0 20000 0 A 2006-03-01 2010-03-01 Common Stock 20000 20000 D Actual number of units vesting will range from 3,500 -10,000 shares based on achievement of performance goals. If the minimum performance target of 8% compound growth is not met at the end of Fiscal Year 2007 no units vest and the grant will terminate. Vesting schedule based on achieving performance targets. Up to 40% could vest at end of FY 2006 and up to 60% at the end of FY 2007. Program ends 90 days after the close of fiscal year 2007. Vesting tied to compound growth in pre-tax earnings over the performance period, which ends on May 27, 2007; 3,500 shares vest at 8% compound growth; 7,860 shares vest at 11% compound growth; 10,000 shares vest at 15% compound growth (with scaling for performance between the defined thresholds). Below 8% compound growth, no shares will vest and the grant will terminate. Time based Restricted Stock Units vest 20% per year for 5 years. Katherine M. Sheehan on behalf of Michael Mainelli 2005-04-14 -----END PRIVACY-ENHANCED MESSAGE-----