LONGS DRUG STORES CORP 4
4 · LONGS DRUG STORES CORP · Filed Jun 8, 2007
Insider Transaction Report
Form 4
WATT LINDA M
SVP - HUMAN RESOURCES
Transactions
- Exercise/Conversion
Common Stock
2007-06-06$22.45/sh+15,000$336,750→ 26,183 total - Sale
Common Stock
2007-06-06$55.00/sh−15,000$825,000→ 11,183 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F4]2007-06-06−15,000→ 0 totalExercise: $22.45Exp: 2012-10-30→ Common Stock (15,000 underlying)
Holdings
- 10,927
Common Stock
[F1] - 9,844
Common Stock
[F2] - 681
Common Stock
[F3]
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]The option vested in four equal annual installments commencing 10/03/03..
Signature
/s/ Linda M. Watt|2007-06-07