HARRIS ED S 4
4 · EDISON SCHOOLS INC · Filed Nov 18, 2003
Insider Transaction Report
Form 4
HARRIS ED S
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2003-11-14$1.76/sh−15,000$26,400→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14$0.67/sh−15,000$10,050→ 0 totalExercise: $1.09→ Class A Common Stock (15,000 underlying)
Footnotes (1)
- [F1]This option fully vested as of November 14, 2003 and was cancelled in the merger in exchange for a cash payment of $10,050 representing the difference between the exercise price paid and the merger consideration ($1.76 - $1.09 = $0.67).