ALAMO GROUP INC 4
4 · ALAMO GROUP INC · Filed Dec 18, 2014
Insider Transaction Report
Form 4
MARTIN GARY L
Director
Transactions
- Other
Derivative (Right to Buy) for directors
2014-12-16+5,000→ 0 totalExercise: $25.18From: 2008-05-07Exp: 2017-05-06→ Common Stock (5,000 underlying) - Other
Derivative (Right to Buy) for directors
2014-12-16+3,864→ 4,136 totalExercise: $11.45From: 2010-05-11Exp: 2019-05-11→ Common Stock (3,864 underlying)
Footnotes (3)
- [F1]On December 16, 2014, the Issuer's Board of Directors approved the transfer of options to acquire 8,864 shares of the Issuer's common stock from the Reporting Person to Capital Southwest Corporation ("CSW"), pursuant to an agreement entered into between the Reporting Person and CSW stipulating that the transferred options are intended to be for the benefit of CSW, and the balance is intended to be for the benefit of the Reporting Person. The Reporting Person is the former Chairman of the Board, President and Chief Executive Officer of CSW. The transferred options will be subject to the lock-up agreement dated November 12, 2014 entered into by CSW with the underwriters of shares of the Issuer's common stock that CSW sold in a public offering on November 12, 2014.
- [F2]These options were originally granted to the Reporting Person on May 7, 2007 pursuant to the Alamo Group Inc. First Amended and Restated 1999 Non-Qualified Stock Option Plan. These options vested in five equal annual installments beginning on May 7, 2008.
- [F3]These options were originally granted to the Reporting Person on May 11, 2009 pursuant to the Alamo Group Inc. First Amended and Restated 1999 Non-Qualified Stock Option Plan. These options vested in 5 equal annual installments beginning on May 11, 2010.