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4//SEC Filing

Chambliss Patrick T 4

Accession 0000950172-06-000254

CIK 0001171159other

Filed

Jun 12, 8:00 PM ET

Accepted

Jun 13, 5:19 PM ET

Size

6.3 KB

Accession

0000950172-06-000254

Insider Transaction Report

Form 4
Period: 2006-06-09
Chambliss Patrick T
Vice President and CFO
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2006-06-09$3.80/sh30,000$114,0000 total
    Exercise: $10.20From: 2006-12-22Exp: 2012-12-22Common Stock (30,000 underlying)
Footnotes (2)
  • [F1]These options were disposed of pursuant to an Agreement and Plan of Merger, dated as of February 24, 2006, by and among Thilmany, LLC, KTHP Acquisition, Inc. and Packaging Dynamics Corporation ("PKDY") and cancelled in exchange for a cash payment of $14.00 per underlying share of PKDY Common Stock less the exercise price of such options.
  • [F2]These options, which provided for vesting in three equal annual installments from the date of grant, December 22, 2005, were cancelled in exchange for a cash payment of $14.00 per underlying share of PKDY Common Stock less the exercise price of such options.

Issuer

PACKAGING DYNAMICS CORP

CIK 0001171159

Entity typeother

Related Parties

1
  • filerCIK 0001303386

Filing Metadata

Form type
4
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 5:19 PM ET
Size
6.3 KB