INTERMAGNETICS GENERAL CORP 4
4 · INTERMAGNETICS GENERAL CORP · Filed Nov 13, 2006
Insider Transaction Report
Form 4
PELLEGRINO PHILIP J
Sector President
Transactions
- Gift
Common Stock
2006-09-22−728→ 48,175 total - Disposition to Issuer
Stock Option (Right to Buy)
2006-11-08$27.50/sh−36,563$1,005,483→ 0 totalExercise: $0.00From: 2006-11-10Exp: 2007-11-10→ Common Stock (36,563 underlying) - Disposition to Issuer
Restricted Stock Unit
2006-11-08$27.50/sh−36,561$1,005,428→ 0 totalExercise: $0.00From: 2005-05-29Exp: 2007-08-27→ Common Stock (36,561 underlying) - Disposition to Issuer
Common Stock
2006-11-09$27.50/sh−48,175$1,324,813→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2006-11-08$14.93/sh−56,250$839,813→ 0 totalExercise: $12.58From: 2002-10-19Exp: 2011-10-19→ Common Stock (56,250 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement") among the issuer, Philips 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 $839,250 representing the excess of $27.50 over the per share exercise price of the option multiplied by the number of shares subject to the option, whether vested or unvested.
- [F3]This Restricted Stock Unit was cancelled pursuant to the Merger Agreement in exchange for $1,005,482.50, representing $27.50 multiplied by the number of shares subject to the RSU, whether vested or unvested.
- [F4]The Restricted Stock Units were scheduled to vest beginning on or after the date shown, based on satisfaction of certain performance criteria.