DOBSON COMMUNICATIONS CORP 4
4 · DOBSON COMMUNICATIONS CORP · Filed Nov 19, 2007
Insider Transaction Report
Form 4
DOBSON STEPHEN T
DirectorSecretary10% Owner
Transactions
- Disposition from Tender
Class A Common Stock
2007-11-15$13.00/sh−318,194$4,136,522→ 0 total(indirect: By Partnership) - Disposition from Tender
Class B Common Stock
2007-11-15$13.00/sh−19,418,021$252,434,273→ 0 total(indirect: By Partnership) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-11-15−100,000→ 0 totalExercise: $3.49Exp: 2014-03-10→ Common Stock (100,000 underlying) - Disposition from Tender
Class A Common Stock
2007-11-15$13.00/sh−769,231$10,000,003→ 0 total(indirect: By Foundation) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-11-15−50,000→ 0 totalExercise: $2.30Exp: 2012-04-24→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Each share of Class B Common Stock was immediately converted into one share of Class A Common Stock upon their sale in the merger pursuant to the merger agreement between Dobson Communications Corporation, AT&T, Inc. and Alpine Merger Sub, Inc (the "Merger Agreement").
- [F2]Stephen T. Dobson is one of two directors of RLD, Inc., the general partner of Dobson CC Limited Partnership. Stephen T. Dobson shares voting and investment power with respect to shares of Class A common stock and Class B common stock of Dobson Communications Corporation held by Dobson CC Limited Partnership, and may therefore be deemed to have a beneficial ownership interest (pecuniary) in the Class A common stock and Class B common stock held by Dobson CC Limited Partnership.
- [F3]As Vice President of the Dobson Family Foundation, Stephen T. Dobson shares voting and investment power with respect to the shares held by the Dobson Family Foundation and may therefore be deemed to beneficially own the shares held by the Dobson Family Foundation.
- [F4]This option was cancelled in connection with the Merger Agreement in exchange for a cash payment equal to the difference between the exercise price of the option and $13.00 multiplied by the number of shares subject to the option.