BANDAG INC 4
4 · BANDAG INC · Filed Jun 4, 2007
Insider Transaction Report
Form 4
BANDAG INCBDG/BDGA
NEWMAN RICHARD STEPHEN
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−1,700→ 0 totalExercise: $21.03From: 2000-05-02Exp: 2010-05-02→ Class A Common Stock (1,700 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−1,800→ 0 totalExercise: $32.53From: 2002-03-12Exp: 2012-03-12→ Class A Common Stock (1,800 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−3,400→ 0 totalExercise: $26.66From: 2003-03-11Exp: 2013-03-11→ Class A Common Stock (3,400 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−1,220→ 0 totalExercise: $47.47From: 2004-03-09Exp: 2014-03-09→ Class A Common Stock (1,220 underlying) - Disposition to Issuer
Class A Common Stock, $1.00 Par Value
2007-05-31−16,061→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−1,620→ 0 totalExercise: $41.48From: 2005-03-14Exp: 2015-03-14→ Class A Common Stock (1,620 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−1,825→ 0 totalExercise: $24.35From: 2001-03-13Exp: 2011-03-13→ Class A Common Stock (1,825 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-05-31−1,370→ 0 totalExercise: $35.59From: 2006-03-13Exp: 2016-03-13→ Class A Common Stock (1,370 underlying)
Footnotes (2)
- [F1]Shares of Common Stock and Class A Common Stock were converted into the right to receive $50.75 per share pursuant to an Agreement and Plan of Merger, dated December 5, 2006, by and among Bandag, Incorporated, Grip Acquisition Corporation and Bridgestone Americas Holding, Inc.
- [F2]The options were cancelled in the merger and the reporting person became entitled to receive an amount in cash equal to the product of (a) the excess, if any, of (i) the merger consideration over (ii) the exercise price per share of such stock options, multiplied by (b) the number of shares subject to such stock options.