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SNYDER COMMUNICATIONS INC 4

Accession 0000914121-05-000829

CIK 0001017906operating

Filed

Apr 26, 8:00 PM ET

Accepted

Apr 27, 4:58 PM ET

Size

7.7 KB

Accession

0000914121-05-000829

Insider Transaction Report

Form 4
Period: 1998-07-29
SNYDER DANIEL M
DirectorChief Executive Officer
Transactions
  • Gift

    Common Stock

    2000-07-18926,9525,551,171 total
  • Sale

    Futures Contract (obligation to sell)

    1998-07-29$35409566.00/sh1$35,409,5661 total
    Exercise: $38.20From: 2001-07-31Exp: 2001-07-31Common Stock (926,952 underlying)
Footnotes (2)
  • [F1]On July 18, 2000, Mr. Snyder donated 926,952 shares of SNC Common Stock to an educational institution.
  • [F2]On July 29, 1998, Mr. Snyder entered into a forward sale agreement with Bear, Stearns & Co., Inc. ("Bear Stearns") relating to 926,952 shares of Snyder Communications, Inc. common stock (the "Shares"). The arrangement is reflected in Table II as a futures contract. Under the forward sale agreement, Mr. Snyder agreed to deliver the Shares to Bear Stearns. To secure Mr. Snyder's delivery obligations to Bear Stearns under the forward sale agreement, Mr. Snyder pledged 926,952 shares of common stock to Bear Stearns.

Issuer

SNYDER COMMUNICATIONS INC

CIK 0001017906

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001017906

Filing Metadata

Form type
4
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 4:58 PM ET
Size
7.7 KB