O'GORMAN PAULA K. 4
4 · RENAISSANCE LEARNING INC · Filed Oct 21, 2011
Insider Transaction Report
Form 4
O'GORMAN PAULA K.
SVP - Research and Development
Transactions
- Disposition to Issuer
Common Stock
2011-10-19$16.60/sh−9,458$157,003→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−1,864→ 0 totalExercise: $16.91From: 2006-09-01Exp: 2012-09-01→ Common Stock (1,864 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−1,047→ 0 totalExercise: $32.22From: 2006-03-01Exp: 2012-03-01→ Common Stock (1,047 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-19−1,859→ 0 totalExercise: $16.95From: 2007-03-01Exp: 2013-03-01→ Common Stock (1,859 underlying)
Footnotes (2)
- [F1]Restricted stock 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 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.