Rich Steven E 4
4 · CALIFORNIA PIZZA KITCHEN, INC. · Filed Jul 11, 2011
Insider Transaction Report
Form 4
Rich Steven E
SVP, Real Estate
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$0.03/sh−11,250$338→ 0 totalExercise: $18.47Exp: 2017-08-14→ Common Stock (11,250 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$7.50/sh−15,000$112,500→ 0 totalExercise: $11.00Exp: 2019-02-18→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-07$3.84/sh−7,572$29,076→ 0 totalExercise: $14.66Exp: 2018-02-20→ Common Stock (7,572 underlying)
Footnotes (4)
- [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.