Home/Filings/4/0000914121-03-001567
4//SEC Filing

CERF CHRISTOPHER D 4

Accession 0000914121-03-001567

CIK 0001089567other

Filed

Nov 17, 7:00 PM ET

Accepted

Nov 18, 5:22 PM ET

Size

14.8 KB

Accession

0000914121-03-001567

Insider Transaction Report

Form 4
Period: 2003-11-14
CERF CHRISTOPHER D
DirectorPresident and COO
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2003-11-1433,8000 total
    Exercise: $12.30Class B Common Stock (33,800 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2003-11-14$0.59/sh600,000$354,0000 total
    Exercise: $1.17Class A Common Stock (600,000 underlying)
  • Disposition to Issuer

    Class A Common Stock

    2003-11-14$1.76/sh200,000$352,0000 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2003-11-1496,2500 total
    Exercise: $3.00Class A Common Stock (96,250 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2003-11-1416,2500 total
    Exercise: $3.00Class B Common Stock (16,250 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2003-11-14304,2000 total
    Exercise: $12.30Class A Common Stock (304,200 underlying)
  • Disposition to Issuer

    Class A Common Stock

    2003-11-14$1.76/sh600$1,0560 total(indirect: .)
Footnotes (3)
  • [F1]All shares held in trust for the benefit of the children of the Reporting Person.
  • [F2]This option fully vested as of November 14, 2003 and was cancelled in the merger. Since the exercise price exceeded the merger consideration, no value was received.
  • [F3]This option fully vested as of November 14, 2003 and was cancelled in the merger in exchange for a cash payment of $354,000 representing the difference between the exercise price and the merger consideration ($1.76 - $1.17 = $0.59).

Issuer

EDISON SCHOOLS INC

CIK 0001089567

Entity typeother

Related Parties

1
  • filerCIK 0001244208

Filing Metadata

Form type
4
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:22 PM ET
Size
14.8 KB