AG ATWATER 4
4 · ALBERTO CULVER CO · Filed Oct 29, 2003
Insider Transaction Report
Form 4
ALBERTO CULVER COACV ACVA
AG ATWATER
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2003-10-27$13.38/sh+12,721$170,143→ 17,000 total - Tax Payment
Class B Common Stock
2003-10-27$61.86/sh−2,750$170,115→ 14,250 total - Exercise/Conversion
Employee Stock Option (right to buy)
2003-10-27−12,721→ 0 totalExercise: $13.38Exp: 2005-10-30→ Class B Common Stock (12,721 underlying)
Footnotes (2)
- [F1]The Options vest in four equal annual installments beginning on October 30, 1996.
- [F2]On October 22, 2003, the Board of Directors of Alberto-Culver Company (the "Company") approved the conversion of all of the issued shares of Class A Common Stock on a one-share-for-one-share basis into Class B Common Stock in accordance with the terms of the Company's Certificate of Incorporation (the "Conversion"). The Conversion will become effective November 5, 2003. The options reported on this form were originally granted as options to purchase Class A Common Stock. Because the only condition remaining to complete the Conversion is the passage of time, all of the reported exercises have been reported as Class B Common Stock.