4//SEC Filing
KRONOS INC 4
Accession 0000886903-07-000072
CIK 0000886903operating
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 1:33 PM ET
Size
18.0 KB
Accession
0000886903-07-000072
Insider Transaction Report
Form 4
KRONOS INCKRON
KISER DAVID
Director
Transactions
- Disposition to Issuer
Common Stock
2007-06-11−300→ 0 total(indirect: By minor son) - Disposition to Issuer
Option to Buy
2007-06-11$14.77/sh−6,700$98,959→ 0 totalExercise: $40.23Exp: 2010-08-16→ Common Stock (6,700 underlying) - Disposition to Issuer
Option to Buy
2007-06-11$30.79/sh−1,687$51,943→ 0 totalExercise: $24.21Exp: 2007-08-11→ Common Stock (1,687 underlying) - Disposition to Issuer
Option to Buy
2007-06-11$0.62/sh−5,850$3,627→ 0 totalExercise: $54.38Exp: 2009-08-10→ Common Stock (5,850 underlying) - Disposition to Issuer
Common Stock
2007-06-11−2,300→ 0 total - Disposition to Issuer
Common Stock
2007-06-11−550→ 0 total(indirect: By Spouse) - Disposition to Issuer
Restricted Stock Units (right to buy)
2007-06-11$54.99/sh−2,840$156,172→ 0 totalExercise: $0.01Exp: 2011-08-16→ Common Stock (2,840 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between issuer and Seahawk Merger Sub Corporation in exchange for a cash payment of $55 per share on the effective date of the merger.
- [F2]This option, which provided for vesting in four equal installments beginning on February 11, 2004, was canceled in the merger in exchange for a cash payment of $51,942.73, representing the difference between the exercise price of the option and the market value of the underlying Kronos common stock on the effective date of the merger ($55 per share).
- [F3]This option, which provided for vesting in four equal installments beginning on February 10, 2006, was canceled in the merger in exchange for a cash payment of $3,627, representing the difference between the exercise price of the option and the market value of the underlying Kronos common stock on the effective date of the merger ($55 per share).
- [F4]This option, which provided for vesting in four equal installments beginning on February 16, 2007, was canceled in the merger in exchange for a cash payment of $98,959, representing the difference between the exercise price of the option and the market value of the underlying Kronos common stock on the effective date of the merger ($55 per share).
- [F5]This restricted stock unit award ("RSU"), which, subject to a performance goal being met by the company for fiscal 2007, provided for vesting in four equal installments beginning on February 16, 2008, was canceled in the merger in exchange for a cash payment of $156,171.60, representing the difference between the conversion price of the RSU and the market value of the underlying Kronos common stock on the effective date of the merger ($55 per share).
Documents
Issuer
KRONOS INC
CIK 0000886903
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000886903
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 1:33 PM ET
- Size
- 18.0 KB