PAUL TERRANCE D 4
4 · RENAISSANCE LEARNING INC · Filed Oct 21, 2011
Insider Transaction Report
Form 4
PAUL TERRANCE D
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2011-10-19$15.00/sh−439,560$6,593,400→ 0 total(indirect: By Partnership) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19+7,759→ 0 totalExercise: $32.22From: 2006-03-01Exp: 2012-03-01→ Common Stock (7,759 underlying) - Disposition to Issuer
Common Stock
2011-10-19$15.00/sh−7,643,825$114,657,375→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19+14,749→ 0 totalExercise: $16.95From: 2007-03-01Exp: 2013-03-01→ Common Stock (14,749 underlying) - Disposition to Issuer
Common Stock
2011-10-19$15.00/sh−7,643,825$114,657,375→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19+14,784→ 0 totalExercise: $16.91From: 2006-09-01Exp: 2012-09-01→ Common Stock (14,784 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to Agreement and Plan of Merger among the Issuer and affiliates of the Permira Funds effective October 19, 2011 (the "Merger") in exchange for $15.00 per share.
- [F2]Global Equity Holding Partnership is a general partnership of which the general partners are Global Equity Holding Fund I, L.P. (a limited partnership of which the reporting person and his spouse are the sole general partners) and Global Equity Holding Fund II, L.P. (a limited partnership of which the reporting person and his spouse are the sole general partners and the reporting person is the sole limited partner).
- [F3]Following the Merger, all outstanding options were cancelled and received the excess, if any, of $16.60 per share over the exercise price per share of the option for each share subject to the option.