VALSPAR CORP 4
4 · VALSPAR CORP · Filed Jun 5, 2017
Insider Transaction Report
Form 4
VALSPAR CORPVAL
Friendly Ian R
Director
Transactions
- Disposition to Issuer
Common Stock
2017-06-01$113.00/sh−2,506$283,178→ 0 total - Disposition to Issuer
Stock Options
2017-06-01−5,250→ 0 totalExercise: $26.37Exp: 2019-10-21→ Common Stock (5,250 underlying) - Disposition to Issuer
Stock Options
2017-06-01−12,500→ 0 totalExercise: $21.97Exp: 2019-06-17→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]Pursuant to that certain Agreement and Plan of Merger by and between The Valspar Corporation, The Sherwin-Williams Company ("Sherwin-Williams") and Viking Merger Sub Inc., a wholly owned subsidiary of Sherwin-Williams, each outstanding option was cancelled in exchange for a cash payment equal to the product of (i) the number of shares subject to such option and (ii) the excess of $113.00 over the exercise price of the option.
- [F2]All of such options are fully vested.