4//SEC Filing
HEIBEL RICHARD H M D 4
Accession 0001002531-11-000003
CIK 0001002531other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 7:10 AM ET
Size
26.2 KB
Accession
0001002531-11-000003
Insider Transaction Report
Form 4
HEIBEL RICHARD H M D
Director
Transactions
- Disposition to Issuer
Common stock
2011-05-10$10.10/sh−32,246$325,685→ 0 total(indirect: By Spouse) - Disposition to Issuer
Nonstatutory stock option
2011-05-10−3,000→ 0 totalExercise: $32.90From: 2011-12-19Exp: 2011-12-19→ Common stock (3,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10−5,000→ 0 totalExercise: $17.11From: 2003-12-17Exp: 2013-12-17→ Common stock (5,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10−5,000→ 0 totalExercise: $11.78From: 2004-12-16Exp: 2014-12-16→ Common stock (5,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10$1.61/sh−5,000$8,050→ 0 totalExercise: $8.49From: 2005-10-10Exp: 2015-10-10→ Common stock (5,000 underlying) - Disposition to Issuer
Common stock
2011-05-10$10.10/sh−52,727$532,543→ 0 total - Disposition to Issuer
Nonstatutory stock option
2011-05-10−2,000→ 0 totalExercise: $28.39From: 2001-10-11Exp: 2011-10-11→ Common stock (2,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10−5,000→ 0 totalExercise: $13.63From: 2002-12-16Exp: 2012-12-16→ Common stock (5,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10$3.53/sh−5,000$17,650→ 0 totalExercise: $6.57From: 2008-01-28Exp: 2018-01-28→ Common stock (5,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10$4.72/sh−5,000$23,600→ 0 totalExercise: $5.38From: 2009-01-26Exp: 2019-01-26→ Common stock (5,000 underlying)
Footnotes (3)
- [F1]Includes 8,000 restricted shares of common stock.
- [F2]Pursuant to the Agreement and Plan of Merger, dated February 21, 2011, among Tollgrade Communications, Inc. ("Tollgrade"), Talon Holdings, Inc. and Talon Merger Sub, Inc. (the "Merger Agreement"), effective as of May 10, 2011, shares of Tollgrade common stock (including restricted shares) were automatically canceled and converted into the right to receive $10.10 per share in cash.
- [F3]Pursuant to the Merger Agreement, effective as of May 10, 2011, each stock option was canceled and converted into the right to receive in cash an amount equal to the product of (a) the excess, if any, of $10.10 over the exercise price of such stock option, multiplied by (b) the number of shares that could have been purchased upon exercise of such stock option, without regard to whether or not such stock option was then vested. Any stock option which had an exercise price equal to or greater than $10.10 was canceled without payment.
Issuer
TOLLGRADE COMMUNICATIONS INC \PA\
CIK 0001002531
Entity typeother
Related Parties
1- filerCIK 0001007732
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 7:10 AM ET
- Size
- 26.2 KB