4//SEC Filing
STEEL TECHNOLOGIES INC 4
Accession 0000892303-07-000098
CIK 0000771790operating
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 1:36 PM ET
Size
10.6 KB
Accession
0000892303-07-000098
Insider Transaction Report
Form 4
Baumann John M Jr
General Counsel & Secretary
Transactions
- Disposition to Issuer
Common Stock
2007-06-01$30.00/sh−10,359$310,770→ 0 total - Disposition to Issuer
Option
2007-06-01$19.51/sh−9,700$189,247→ 0 totalExercise: $10.49Exp: 2013-07-25→ Common (9,700 underlying) - Disposition to Issuer
Option
2007-06-01$4.79/sh−5,000$23,950→ 0 totalExercise: $25.21Exp: 2015-11-04→ Common (5,000 underlying)
Footnotes (3)
- [F1]These shares have been disposed of at $30.00 per share under the terms of a merger agreement among Mitsui & Co. (U.s.A.), Inc., Bluegrass Acquisition, Inc., and the issuer and as of the effective time of the merger. These shares include 5,000 restricted shares which were issued April 28, 2006 under the issuer's 2006 Restricted Stock Plan. Restrictions lapsed on 1,667 of these shares on April 28, 2007, leaving 3,333 restricted as of the effective time of the merger.
- [F2]The reporting person was granted options to purchase 10,000 shares of common stock on July 25, 2003, which became exercisable in five equal installments beginning July 25, 2004. All unexercised options, vested and unvested, were cancelled under the terms of the merger agreement in exchange for $19.51, which represents the difference between $30.00 and the exercise price of the option.
- [F3]The reporting person was granted options to purchase 5,000 shares of common stock on November 4, 2005, which became exercisable in five equal installments beginning November 4, 2006. All unexercised options, vested and unvested, were cancelled under the terms of the merger agreement in exchange for $4.79, which represents the difference between $30.00 and the exercise price of the option.
Documents
Issuer
STEEL TECHNOLOGIES INC
CIK 0000771790
Entity typeoperating
IncorporatedKY
Related Parties
1- filerCIK 0000771790
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 1:36 PM ET
- Size
- 10.6 KB