DILLARD II WILLIAM 4
4 · BARNES & NOBLE INC · Filed Jan 11, 2006
Insider Transaction Report
Form 4
DILLARD II WILLIAM
Director
Transactions
- Exercise/Conversion
Common Stock
2006-01-09$8.61/sh+56,613$487,495→ 57,198 total - Sale
Common Stock
2006-01-09$42.35/sh−56,613$2,397,640→ 585 total - Exercise/Conversion
Stock Option (Right to Buy)
2006-01-09−56,613→ 0 totalExercise: $8.61From: 1996-05-29Exp: 2006-01-15→ Common Stock (56,613 underlying)
Footnotes (3)
- [F1]These options were granted on May 29, 1996. The number of shares subject to such options and the related exercise price have been adjusted to reflect the Issuer's (i) two-for-one stock split effected on September 22, 1997 and (ii) spin-off transaction effected on November 12, 2004 which divided all outstanding exercise prices by 1.41534 and multiplied all related shares by the same number.
- [F2]Represents the sale of 56,613 shares in 44 transactions at prices ranging from $42.13 to $42.80 per share, resulting in a weighted average sale price per share of $42.3514.
- [F3]Of these options, one fourth became exercisable on May 29, 1996 and one-fourth became exercisable on January 16 of each of the years 1997 through 1999.