MARIANI MARK J 4
4 · SPORTSLINE COM INC · Filed Dec 14, 2004
Insider Transaction Report
Form 4
MARIANI MARK J
President, Sales and Marketing
Transactions
- Disposition from Tender
Employee Stock Option (Right to Buy)
2004-12-10$1.13/sh−11,800$13,275→ 0 totalExercise: $0.63Exp: 2006-04-20→ Common Stock (11,800 underlying) - Disposition from Tender
Employee Stock Option (Right to Buy)
2004-12-10$0.74/sh−50,000$37,000→ 0 totalExercise: $1.01Exp: 2013-01-22→ Common Stock (50,000 underlying) - Disposition from Tender
Common Stock, par value $0.01
2004-12-10$1.75/sh−174,693$305,713→ 0 total
Footnotes (7)
- [F1]On December 10, 2004, Stargate Acquisition Corp. Two, an indirect subsidiary of Viacom Inc. (Viacom), merged into the Issuer, with the Issuer as the surviving corporation of the merger. As a result of the merger, the Issuer became an indirect, wholly-owned subsidiary of Viacom. Each outstanding share of common stock, par value $0.01 per share, of the Issuer held by the Reporting Person immediately prior to the merger was converted into the right to receive $1.75 in cash.
- [F2]The option vested as follows: 25% on April 22, 1997 and the remainder in equal installments per month for the following 36 months.
- [F3]This option was canceled in the merger in exchange for a cash payment of $13,275, representing the difference between the exercise price of the option and the merger consideration of $1.75 per share.
- [F4]The option vests as follows: 25% on January 22, 2004 and the remainder in equal installments per month for the following 36 months.
- [F5]This option was canceled in the merger in exchange for a cash payment of $37,000, representing the difference between the exercise price of the option and the merger consideration of $1.75 per share.
- [F6]The option vests as follows: 25% on January 2, 2005 and the remainder in equal installments per month for the following 36 months.
- [F7]This option was canceled in the merger in exchange for a cash payment of $24,450, representing the difference between the exercise price of the option and the merger consideration of $1.75 per share.