HANCOCK JOHN FINANCIAL SERVICES INC 4
4 · HANCOCK JOHN FINANCIAL SERVICES INC · Filed Apr 30, 2004
Insider Transaction Report
Form 4
D ALESSANDRO DAVID F
DirectorChairman & CEO
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2004-04-28−1,300,000→ 0 totalExercise: $35.53Exp: 2006-02-05→ Common Stock (1,300,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2004-04-28−750,000→ 0 totalExercise: $41.62Exp: 2007-01-09→ Common Stock (750,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2004-04-28−225,000→ 0 totalExercise: $41.40Exp: 2009-02-09→ Common Stock (225,000 underlying) - Disposition to Issuer
Common Stock
2004-04-28−3,938→ 0 total(indirect: By Trust) - Tax Payment
Common Stock
2004-04-27$46.44/sh−253,369$11,765,190→ 592,633 total - Disposition to Issuer
Common Stock
2004-04-28−592,633→ 0 total
Holdings
- 0(indirect: By 401(k))
Common Stock
Footnotes (7)
- [F1]Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock.
- [F2]Disposed pursuant to merger agreement between issuer and Manulife Financial Services in exchange for 702,447 shares of Manulife common stock having a market value of $37.10 per share on the effective date of the merger.
- [F3]Disposed pursuant to merger agreement between issuer and Manulife Financial Services in exchange for 4,667 shares of Manulife common stock having a market value of $37.10 per share on the effective date of the merger. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F4]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).
- [F5]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 1,540,890 shares of Manulife common stock for $29.98 per share.
- [F6]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 888,975 shares of Manulife common stock for $35.11 per share.
- [F7]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 266,692 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.