Gillette Peter C 4

4 · CALIFORNIA PIZZA KITCHEN, INC. · Filed Jul 11, 2011

Form 4

Period: 2011-07-07

SVP, Franchise & Intl Developm

Transactions

Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$6.39/sh−7,500$47,925→ 0 total
Exercise: $12.11Exp: 2013-11-10→ Common Stock (7,500 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$3.84/sh−15,000$57,600→ 0 total
Exercise: $14.66Exp: 2018-02-20→ Common Stock (15,000 underlying)
Disposition from Tender
Common Stock
2011-07-07$18.50/sh−500$9,250→ 0 total(indirect: By Trust)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$7.50/sh−15,000$112,500→ 0 total
Exercise: $11.00Exp: 2019-02-18→ Common Stock (15,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$2.50/sh−3,750$9,375→ 0 total
Exercise: $16.00Exp: 2015-02-23→ Common Stock (3,750 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$0.03/sh−11,250$338→ 0 total
Exercise: $18.47Exp: 2017-08-14→ Common Stock (11,250 underlying)

Footnotes (6)

[F1]The option provided for 1/8 vesting beginning on August 18, 2009 and semi-annually thereafter. The vesting was accelerated to July 7, 2011 pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated May 24, 2011, among the Registrant, CPK Holdings Inc. and CPK Merger Sub Inc.
[F2]The reporting person received cash consideration for the cancellation of the option pursuant to the Merger Agreement equal to the number of shares of the Registrant's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $18.50 in accordance with the Merger Agreement.
[F3]The option provided for 1/8 vesting beginning on August 20, 2008 and semi-annually thereafter. The vesting was accelerated to July 7, 2011 pursuant to the Merger Agreement.
[F4]The option provided for 1/8 vesting beginning on February 14, 2008 and semi-annually thereafter. The vesting was accelerated to July 7, 2011 pursuant to the Merger Agreement.
[F5]The option provided for 1/8 vesting beginning on August 23, 2005 and semi-annually thereafter.
[F6]The option provided for 1/8 vesting beginning on May 10, 2004 and semi-annually thereafter.

Documents

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