Berto Marcus V 4
4 · BUCYRUS INTERNATIONAL INC · Filed Jul 12, 2011
Insider Transaction Report
Form 4
Berto Marcus V
Other
Transactions
- Disposition to Issuer
Common Stock
2011-07-08−17,000→ 0 total - Disposition to Issuer
Common Stock
2011-07-08−600→ 0 total - Disposition to Issuer
Common Stock
2011-07-08−11,800→ 0 total - Disposition to Issuer
Common Stock
2011-07-08−3,850→ 0 total - Disposition to Issuer
Stock Appreciation Rights
2011-07-08−14,350→ 0 totalExercise: $59.48Exp: 2020-02-23→ Common Stock (14,350 underlying) - Disposition to Issuer
Stock Appreciation Rights
2011-07-08−2,400→ 0 totalExercise: $34.19Exp: 2017-08-07→ Common Stock (2,400 underlying) - Disposition to Issuer
Common Stock
2011-07-08−400→ 0 total - Disposition to Issuer
Stock Appreciation Rights
2011-07-08−69,100→ 0 totalExercise: $13.52Exp: 2019-02-24→ Common Stock (69,100 underlying) - Disposition to Issuer
Stock Appreciation Rights
2011-07-08−1,400→ 0 totalExercise: $28.52Exp: 2017-02-21→ Common Stock (1,400 underlying)
Footnotes (6)
- [F1]Shares of Common Stock were converted into the right to receive $92.00 per share pursuant to an Agreement and Plan of Merger, dated November 14, 2010, by and among Bucyrus International, Inc., Caterpillar Inc. and Badger Merger Sub, Inc. (the "Merger Consideration").
- [F2]Prior to consummation of the merger, each outstanding share of restricted stock became fully vested and free of restrictions, and was converted into the Merger Consideration.
- [F3]Prior to consummation of the merger, the stock appreciation rights would have vested 10%, 15%, 25% and 50%, respectively, on December 31, 2010, 2011, 2012 and 2013.
- [F4]The stock appreciation rights were canceled in the merger and the reporting person became entitled to receive a cash payment equal to the product of (i) the number of shares of common stock subject to such stock appreciation right and (ii) the amount, if any, by which $92.00 exceeds the exercise price per share of such stock appreciation right.
- [F5]Prior to consummation of the merger, the stock appreciation rights would have vested 10%, 15%, 25% and 50%, respectively, on December 31, 2009, 2010, 2011 and 2012.
- [F6]The stock appreciation rights became fully vested on December 31, 2010.