BUTLER MANUFACTURING CO 4
4 · BUTLER MANUFACTURING CO · Filed Apr 29, 2004
Insider Transaction Report
Form 4
LICHLYTER LEE E
Vice President - CIO
Transactions
- Disposition to Issuer
Common Stock
2004-04-27$22.50/sh−274.434$6,175→ 0 total(indirect: By Butler BEST) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2004-04-27$2.49/sh−2,000$4,980→ 0 totalExercise: $20.01From: 2004-01-21Exp: 2013-01-21→ Common Stock (2,000 underlying) - Disposition to Issuer
Common Stock
2004-04-27$22.50/sh−147$3,308→ 0 total - Other
Common Stock
2004-04-27+163.434→ 274.434 total(indirect: By Butler BEST)
Footnotes (3)
- [F1]Disposed of pursuant to Merger Agreement between issuer and BlueScope Steel.
- [F2]Reflects balance in Butler Employee Savings Trust as of April 27, 2004.
- [F3]These options, which originally provided for vesting in three equal annual installments beginning January 21, 2004, became fully vested upon the closing of the merger on April 27, 2004, and were canceled in the merger for a cash payment of $2.49 per share representing the difference between the exercise price of the option and the merger price of $22.50 per share.