INTERSTATE JOHNSON LANE INC 4
4 · INTERSTATE JOHNSON LANE INC · Filed May 10, 1999
Insider Transaction Report
Form 4
Thomas, Grady G.
DirectorOther
Transactions
- Other
Stock Option
1999-04-01−10,000→ 0 totalExercise: $13.50→ Common stock (10,000 underlying)
Footnotes (2)
- [01]Exchanged at the rate of .388 of a share of Wachovia Corporation common stock, having a value of $82.40, for each share of Interstate/Johnson Lane, Inc. common stock pursuant to the merger of Interstate/Johnson Lane, Inc. into Wachovia Corporation as of 12:01 a.m. on April 1, 1999.
- [02]This option was assumed by Wachovia Corporation in the Merger. The shares covered by the option have been converted, at the rate of .388 of a share of Wachovia Corporation common stock for each share of Interstate/Johnson Lane, Inc. common stock, into the right to receive shares of Wachovia Corporation common stock.