4//SEC Filing
INTERMAGNETICS GENERAL CORP 4
Accession 0000898822-06-001295
CIK 0000351012operating
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 5:31 PM ET
Size
17.0 KB
Accession
0000898822-06-001295
Insider Transaction Report
Form 4
BLECHER LEO
Sector President
Transactions
- Disposition to Issuer
Stock Options (Right to buy)
2006-11-08$17.06/sh−9,000$153,540→ 0 totalExercise: $10.44From: 2003-08-04Exp: 2013-08-04→ Common Stock (9,000 underlying) - Disposition to Issuer
Common Stock
2006-11-09$27.50/sh−185,534$5,102,185→ 0 total - Disposition to Issuer
Restricted Stock Units
2006-11-08$27.50/sh−102,375$2,815,313→ 0 totalExercise: $0.00From: 2003-05-29Exp: 2007-08-27→ Common Stock (102,375 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2006-11-08$18.44/sh−4,590$84,640→ 0 totalExercise: $9.06From: 2002-04-04Exp: 2011-04-04→ Common Stock (4,590 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2006-11-08$17.06/sh−6,809$116,162→ 0 totalExercise: $10.44From: 2003-08-04Exp: 2013-08-04→ Common Stock (6,809 underlying) - Disposition to Issuer
Restricted Stock Units
2006-11-08$27.50/sh−120,000$3,300,000→ 0 totalExercise: $0.00From: 2008-05-25Exp: 2010-08-31→ Common Stock (120,000 underlying)
Footnotes (6)
- [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 a $84,639.60 cash payment, 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 option was cancelled pursuant to the Merger Agreement in exchange for a $116,161.54 cash payment, 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.
- [F4]This option was cancelled pursuant to the Merger Agreement in exchange for a $153,540 cash payment, 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.
- [F5]All of the reporting person's Restricted Stock Units were cancelled pursuant to the Merger Agreement in exchange for $5,515,290 cash payment, representing $27.50 multiplied by 200,556 shares subject to the RSU, whether vested or unvested. No payment was made with respect to 21,819 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.
Documents
Issuer
INTERMAGNETICS GENERAL CORP
CIK 0000351012
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000351012
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 5:31 PM ET
- Size
- 17.0 KB