CHALONE WINE GROUP LTD 4
4 · CHALONE WINE GROUP LTD · Filed Feb 10, 2005
Insider Transaction Report
Form 4
SELFRIDGE THOMAS B
President
Transactions
- Disposition to Issuer
Common Stock
2005-02-08$14.25/sh−2,906$41,411→ 0 total(indirect: By ESOP) - Disposition to Issuer
Stock Option (right to buy)
2005-02-08−75,000→ 0 totalExercise: $9.98Exp: 2014-06-09→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-02-08−47,500→ 0 totalExercise: $9.88From: 2002-02-07Exp: 2012-02-05→ Common Stock (47,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-02-08−150,000→ 0 totalExercise: $11.75From: 2002-01-01Exp: 2007-12-31→ Common Stock (150,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-02-08−37,500→ 0 totalExercise: $9.50From: 1999-05-20Exp: 2009-05-19→ Common Stock (37,500 underlying)
Footnotes (3)
- [F1]All outstanding shares beneficially owned by the reporting person, including shares held in any qaulified employee benefit plans, have been exchanged pursuant to the merger agreement between the issuer and Diageo North America, Inc. for $14.25 per share.
- [F2]Under the terms of the merger agreement between the issuer and Diageo North America, Inc., the stock options were cancelled in exchange for cash consideration equal to the difference between the exercise price and $14.25 per share.
- [F3]Options vest 20% on date of grant and 20% on each aniversary date therafter.