Norcraft Companies, Inc. 4
4 · Norcraft Companies, Inc. · Filed May 13, 2015
Insider Transaction Report
Form 4
Kennedy Edward S.
Director
Transactions
- Disposition from Tender
Non-Statutory Stock Option (Right to Buy)
2015-05-12−5,711→ 0 totalExercise: $17.51→ Common Stock (5,711 underlying)
Footnotes (1)
- [F1]In connection with the terms of the tender offer by Tahiti Acquisition Corp., a Delaware corporation and an indirect wholly-owned subsidiary of Fortune Brands Home & Security, Inc., a Delaware corporation, to purchase all of the outstanding Common Stock of the Issuer, at a price of $25.50 per share, the vesting of all outstanding stock options was accelerated and the options were canceled in exchange for the right to a cash payment equal to the product of (x) the total number of shares subject to the option multiplied by (y) the excess, if any, of $25.50 over the exercise price of the option.