HANCOCK JOHN FINANCIAL SERVICES INC 4
4 · HANCOCK JOHN FINANCIAL SERVICES INC · Filed Apr 30, 2004
Insider Transaction Report
Form 4
BENSON JAMES M
Senior Executive V.P.
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2004-04-28−300,000→ 0 totalExercise: $27.91Exp: 2007-12-30→ Common Stock (300,000 underlying) - Disposition to Issuer
Common Stock
2004-04-28−25,000→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2004-04-28−75,000→ 0 totalExercise: $41.40Exp: 2009-02-09→ Common Stock (75,000 underlying)
Holdings
- 0(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Disposed pursuant to merger agreement between issuer and Manulife Financial Services in exchange for 29,632 shares of Manulife common stock having a market value of $37.10 per share on the effective date of the merger.
- [F2]The John Hancock 401(k) JHF Stock Fund was closed on March 30, 2004 in anticipation of the merger with Manulife Financial Services. All assets in the fund were sold and the proceeds reinvested into another fund option. Exempt pursuant to Rule 16b-3(c).
- [F3]Pursuant to merger agreement between issuer and Manulife Financial Services, this option was assumed by Manulife in the merger and replaced with an option to purchase 355,590 shares of Manulife common stock for $23.55 per share.
- [F4]Pursuant to merger agreement between issuer and Manulife Financial Services, this option was assumed by Manulife in the merger and replaced with an option to purchase 88,897 shares of Manulife common stock for $34.93 per share. This option vests in two equal annual installments beginning on February 9, 2005, which vesting is not affected by the merger.