GRUNEWALD JOHN H 4
4 · RENAISSANCE LEARNING INC · Filed Oct 21, 2011
Insider Transaction Report
Form 4
GRUNEWALD JOHN H
Director
Transactions
- Disposition to Issuer
Common Stock
2011-10-19$16.60/sh−1,050$17,430→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−2,328→ 0 totalExercise: $32.22From: 2004-03-01Exp: 2012-03-01→ Common Stock (2,328 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−6,279→ 0 totalExercise: $23.89From: 2005-07-20Exp: 2015-07-20→ Common Stock (6,279 underlying) - Disposition to Issuer
Common Stock
2011-10-19$16.60/sh−53,733$891,968→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−2,989→ 0 totalExercise: $25.09From: 2003-09-01Exp: 2013-09-01→ Common Stock (2,989 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−3,061→ 0 totalExercise: $24.50From: 2004-09-01Exp: 2014-09-01→ Common Stock (3,061 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19$0.30/sh−4,601$1,380→ 0 totalExercise: $16.30From: 2005-03-01Exp: 2015-03-01→ Common Stock (4,601 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−4,435→ 0 totalExercise: $16.91From: 2004-09-01Exp: 2012-09-01→ Common Stock (4,435 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−4,425→ 0 totalExercise: $16.95From: 2005-03-01Exp: 2013-03-01→ Common Stock (4,425 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−3,005→ 0 totalExercise: $24.96From: 2004-03-01Exp: 2014-03-01→ Common Stock (3,005 underlying)
Footnotes (2)
- [F1]Common stock, restricted stock and restricted stock units 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 $16.60 per share. Under the terms of the Merger all unvested restricted stock and unvested restricted stock units vested at the effective time of the merger.
- [F2]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.