LONGS DRUG STORES CORP 4
4 · LONGS DRUG STORES CORP · Filed Jun 4, 2007
Insider Transaction Report
Form 4
WATT LINDA M
SVP - HUMAN RESOURCES
Transactions
- Exercise/Conversion
Common Stock
2007-05-31$22.45/sh+45,000$1,010,250→ 56,183 total - Sale
Common Stock
2007-05-31$57.25/sh−9,900$566,775→ 11,183 total - Exercise/Conversion
Employee Stock Option (right to buy)
2007-05-31−45,000→ 15,000 totalExercise: $22.45Exp: 2012-10-30→ Common Stock (45,000 underlying)
Holdings
- 10,927
Common Stock
- 9,844
Common Stock
- 681
Common Stock
Footnotes (5)
- [F1]On May 31, 2007, Ms. Watt also sold a total of 35,100 shares in increments at different sale prices ranging from $57.27 per share to $58.27 per share. A list of the other sale details is attached as Attachment 1 to this Form 4.
- [F2]25% of the original number of shares granted vested immediately upon grant; an additional 25% of these shares is scheduled to vest on 1/31/08; and the remaining 50% of these shares is scheduled to vest on 1/29/09.
- [F3]25% of the original number of shares granted vested immediately upon grant, an additional 25% of these shares vested on 1/26/07, and the remaining 50% of these shares is scheduled to vest on 1/26/08.
- [F4]These shares are held pursuant to the Longs Drug Stores California, Inc. Employee Savings and Profit Sharing Plan. The number of shares is based on a report prepared by the Plan as of 6/01/07.
- [F5]The option vested in four equal annual installments commencing 10/03/03..