Status Charts and Key Dates
Status Charts
Period 6 started July 1, 2004 and ends June 30, 2008. To prepare for a potential award distribution, the graph displayed here and the one used in the Boeing Frontiers Magazine has been updated with more current SVT participation figures. The new figures are based on data collected during recent tests of the award distribution process. With this update the potential award distribution, while still an estimate, more closely reflects a possible 2008 payout. Please note: the ongoing nature of data refinement during test distributions may result in further changes to the Frontiers estimate until Period 6 officially closes on June 30.
The last investment period is Period 7, which runs from July 1, 2006, and ends June 30, 2010.
Key Dates (Period 6)
Upon Period 6 closure on June 30, 2008, an assessment of the value of the stock held in the Period 6 Investment Fund determines an award distribution. If the value is above the Threshold Amount, this will result in an award distribution. The key dates and actions associated with an award distribution are described in the following table.
Table 1 - Period 6 Key Dates and Actions
| Date | Action |
|---|---|
| June 30 | After closing of the New York Stock Exchange, an assessment of Boeing stock value in the Trust will be made to determine if the threshold value is exceeded. An amount above the threshold value would result in an award distribution to eligible participants. |
| July 1 | Morning BNN announcement of initial determination of award distribution. |
| July 14 | Midday BNN announcement of award distribution information including the pre-tax award distribution that a full 48-month participant would receive |
| July 20-22 | Termed U.S. Payroll Employees (former, retired, and beneficiaries) - Payroll vendor prints and mails checks covering residual distribution amount. Those identified to receive stock awards will receive package from Computershare as further described below. |
| July 22 | ShareValue Personal Statement available in TotalAccess for U.S. payroll and International Local Hire Employees (ILHE) |
| July 22 | Active U.S. Based Employees - Separate cash payments via regular check delivery method made to cover residual distribution amount following tax withholding and conversion to stock award |
| July 31 | Stock awards for employees on U.S. payrolls posted by Computershare and available in shareholder accounts (www.computershare.com/investor) |
| July 31 to September 30 | Boeing Voluntary Selling/Purchasing Program open (also referred to as the Oddlot Program). Additional information regarding threshold amount and transaction service fees will be included in the personalized, individual mailing from Computershare (Boeing's stock transfer agent). www.oddlotprogram.com/Boeing |
| August 6 to 8 | Computershare mails share award packets using first class mail from their Edison, NJ facility. Packet will include information on choices available to manage your stock. |
| August 1 to September 30 | International Local Hire Employees (ILHE) and subsidiary employees will receive cash award distributions based on individual subsidiary/site payroll cycles. |
| August 1 to September 30 | Beneficiaries of eligible deceased employee will receive cash award distribution |
For an illustration of the U.S. tax withholding process, refer to Table 4 under General Tax Information on Award Distributions