WHITTLE H CHRISTOPHER 4/A
4/A · EDISON SCHOOLS INC · Filed Nov 21, 2003
Insider Transaction Report
Form 4/AAmended
WHITTLE H CHRISTOPHER
DirectorFounder and CEO10% Owner
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−382,500→ 0 total(indirect: .)Exercise: $20.00→ Class A Common Stock (382,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−75,000→ 0 totalExercise: $16.00→ Class B Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−300,150→ 0 totalExercise: $22.00→ Class A Common Stock (300,150 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−1,260,000→ 0 totalExercise: $56.00→ Class A Common Stock (1,260,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−149,999→ 0 totalExercise: $22.00→ Class A Common Stock (149,999 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−16,667→ 0 totalExercise: $22.00→ Class B Common Stock (16,667 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−66,667→ 0 totalExercise: $20.75→ Class A Common Stock (66,667 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−125,000→ 0 totalExercise: $32.00→ Class B Common Stock (125,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−140,000→ 0 totalExercise: $56.00→ Class B Common Stock (140,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−1,125,000→ 0 totalExercise: $32.00→ Class A Common Stock (1,125,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−33,350→ 0 totalExercise: $22.00→ Class B Common Stock (33,350 underlying) - Disposition to Issuer
Class A Common Stock
2003-11-14$1.76/sh−319,426$562,190→ 0 total(indirect: .) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−42,500→ 0 total(indirect: .)Exercise: $20.00→ Class B Common Stock (42,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−48→ 0 total(indirect: .)Exercise: $3.00→ Class A Common Stock (48 underlying) - Disposition to Issuer
Class A Common Stock
2003-11-14$1.76/sh−59,205$104,201→ 0 total - Disposition to Issuer
Class A Common Stock
2003-11-14$1.76/sh−665,795$1,171,799→ 0 total - Disposition to Issuer
Class A Common Stock
2003-11-14$1.76/sh−1,339,315$2,357,194→ 0 total(indirect: .) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−6→ 0 total(indirect: .)Exercise: $3.00→ Class B Common Stock (6 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−8→ 0 total(indirect: .)Exercise: $16.00→ Class B Common Stock (8 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−675,000→ 0 totalExercise: $16.00→ Class A Common Stock (675,000 underlying) - Disposition to Issuer
Class B Common Stock
2003-11-14−319,426→ 0 total(indirect: .)Exercise: $0.00→ Class A Common Stock (319,426 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−71→ 0 total(indirect: .)Exercise: $16.00→ Class A Common Stock (71 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−733,333→ 0 totalExercise: $25.00→ Class A Common Stock (733,333 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2003-11-14−566,667→ 0 totalExercise: $25.00→ Class A Common Stock (566,667 underlying) - Disposition to Issuer
Class B Common Stock
2003-11-14−665,795→ 0 totalExercise: $0.00→ Class A Common Stock (665,795 underlying)
Footnotes (4)
- [F1]Comprised of 2,412 shares of Class A Common Stock held by WSI Inc., 337,500 shares of Class A Common Stock received in liquidating distribution from Whittle Leeds Education Company L.L.C. and 999,403 shares of Class A Common Stock received in liquidating distribution from WPA Investment L.P.
- [F2]Comprised of 170,881 shares of Class B Common Stock held by WSI Inc., 37,500 shares of Class B Common Stock received in liquidating distribution from Whittle Leeds Education Company L.L.C. and 111,045 shares of Class B Common Stock received in liquidating distribution from WPA Investment L.P., all of which were converted to Class A Common Stock on November 14, 2003 and disposed of in the Merger.
- [F3]All securities held by WSI Inc.
- [F4]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.