INTERMAGNETICS GENERAL CORP 4
4 · INTERMAGNETICS GENERAL CORP · Filed Nov 13, 2006
Insider Transaction Report
Form 4
EPSTEIN GLENN H
DirectorChairman & CEO
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2006-11-08$17.06/sh−112,500$1,919,250→ 0 totalExercise: $10.44From: 2003-01-30Exp: 2012-01-30→ Common Stock (112,500 underlying) - Disposition to Issuer
Restricted Stock Units
2006-11-08$27.50/sh−622,500$17,118,750→ 0 totalExercise: $0.00From: 2008-05-25Exp: 2010-08-31→ Common Stock (622,500 underlying) - Gift
Common Stock
2006-09-25−36,680→ 422,540 total - Disposition to Issuer
Common Stock
2006-11-09$27.50/sh−422,540$11,619,850→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-08$18.44/sh−5,120$94,413→ 0 totalExercise: $9.06From: 2002-04-04Exp: 2001-04-04→ Common Stock (5,120 underlying) - Disposition to Issuer
Restricted Stock Units
2006-11-08$27.50/sh−409,500$11,261,250→ 0 totalExercise: $0.00From: 2005-05-29Exp: 2007-08-27→ Common Stock (409,500 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-08$18.44/sh−31,764$585,728→ 0 totalExercise: $9.06From: 2002-04-04Exp: 2011-04-04→ Common Stock (31,764 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement") among the issuer, Phillips Holding, USA, Inc. and Jumbo Acquisition Corp. in exchange for $27.50 per share.
- [F2]This option was cancelled pursuant to the Merger Agreement in exchange for a $585,728.16 cash payment, representing the excess of $27.50 over the per share exercise price of the multiplied by the number of shares subject to the option, whether vested or unvested
- [F3]This option was cancelled pursuant to the Merger Agreement in exchange for a $94,449.68 cash payment, representing the excess of $27.50 over the per share exercise price of the multiplied by the number of shares subject to the option, whether vested or unvested
- [F4]This option was cancelled pursuant to the Merger Agreement in exchange for a $1,919,250 cash payment, representing the excess of $27.50 over the per share exercise price of the multiplied by the number of shares subject to the option, whether vested or unvested
- [F5]All of the reporting person's Restricted Stock Units were cancelled pursuant to the Merger Agreement in exchange for $27,245,982.50 cash payment, representing $27.50 multiplied by 990,763 shares subject to the RSU, whether vested or unvested. No payment was made with respect to 41,237 shares, which were cancelled in connection with a Transition Agreement between the executive and Philips.
- [F6]The Restricted Stock Units were scheduled to vest beginning on or after the date shown, based on satisfaction of certain performance criteria.