PRESTON STEVEN C 4
4 · SERVICEMASTER CO · Filed Feb 15, 2005
Insider Transaction Report
Form 4
PRESTON STEVEN C
Ex. Vice President
Transactions
- Tax Payment
Common stock $.01 par value
2005-02-11$13.20/sh−4,909$64,809→ 103,848 total - Award
2003 EIP Stock Appreciation Right
2005-02-11+50,000→ 50,000 totalExercise: $13.44From: 2006-02-11Exp: 2015-02-10→ Common Stock (50,000 underlying) - Award
Common stock $.01 par value
2005-02-11+16,667→ 91,227 total - Other
Common stock $.01 par value
2005-02-11+17,530→ 108,757 total
Holdings
- 45,000
1998 Non-Qual.Stock Option (Right to Buy)
Exercise: $18.26From: 1999-02-16Exp: 2008-02-15→ Common Stock (45,000 underlying) - 50,000
2003 EIP Stock Appreciation Right
Exercise: $10.73From: 2005-02-13Exp: 2014-02-12→ Common Stock (50,000 underlying) - 22,500
Stock Options (Right to buy)
Exercise: $13.47From: 1999-02-13Exp: 2007-02-12→ Common stock $.01 par value (22,500 underlying) - 100,000
Stock Options (Right to buy)
Exercise: $13.83From: 2003-02-08Exp: 2009-02-07→ Common Stock (100,000 underlying) - 90,000
Non-Qual. Stock Option (Right to Buy)
Exercise: $18.07From: 2000-01-29Exp: 2009-01-28→ Common stock $.01 par value (90,000 underlying) - 225,000
1997 Option Plan (Right to Buy)
Exercise: $11.22From: 1998-02-13Exp: 2007-02-12→ Common stock $.01 par value (225,000 underlying) - 200,000
Senior Ex. Ownership Elec. Plan (Right to Buy)
Exercise: $8.75From: 2001-08-08Exp: 2007-08-07→ Common stock $.01 par value (200,000 underlying) - 66,667
2000 Emplee Stock Option (Right to Buy)
Exercise: $9.88From: 2004-03-18Exp: 2013-03-17→ Common Stock (66,667 underlying) - 22,500
1997 Option Plan (Right to Buy)
Exercise: $12.35From: 1998-02-13Exp: 2007-02-12→ Common stock $.01 par value (22,500 underlying) - 235,158
1998 Non-Qual.Stock Option (Right to Buy)
Exercise: $11.50From: 2000-12-31Exp: 2009-12-31→ Common stock $.01 par value (235,158 underlying) - 726(indirect: By 401(k))
Common stock $.01 par value
- 250,000
2000 Emplee Stock Option (Right to Buy)
Exercise: $10.52From: 2002-03-16Exp: 2008-03-15→ Common stock $.01 par value (250,000 underlying) - 2,523
WSH Emplee Stock Option (Right to Buy)
Exercise: $13.87From: 2000-05-04Exp: 2006-05-03→ Common stock $.01 par value (2,523 underlying)
Footnotes (8)
- [F1]Acquisition of shares through a distribution from Deferred Compensation Plan.
- [F2]Payment of tax liability by withholding securities pursuant to the distribution of shares from Deferred Compensation Plan.
- [F3]Distribution of shares from Deferred Compensation Plan.
- [F4]Exercise Vesting/Exercise Prices - 1st annivresary 20% exercisable at 110% FMV:$12.3467 per share - 2nd anniversary 20% exercisable at 120% FMV - $15.7111 per share - 3rd anniversary - 20% exercisable - at 130% FMV $14.5911 per share - 4th anniversary 20% exercisable at 140% FMV $13.4667 - 5th anniversary 20% exercisable at 150% of FMV - $16.8355 per share FMV - Fair Market Value on Grant Date.
- [F5]The option is exercisable in five equal annual installments beginning on the first anniversary of the date of the grant.
- [F6]Option becomes exercisable 10% per year on anniversary date of the grant for a period of 8 years, the 9th anniversary the remaining 20% becomes exercisable..
- [F7]In 1999, ServiceMaster entered into a joint venture with Kleiner, Perkins, Caufield & Byers to develop an Internet company, We Serve Homes.com ("WSH"). A WSH option was granted in 2000. On January 11, 2002, the WSH option was converted into a ServiceMaster option at a ratio of 55.48 to 1, pursuant to a merger with a subsidiary of ServiceMaster in a transaction exempt under Rule 16b-7.
- [F8]The stock appreciation right is exercisable in five equal annual installments beginning on the first anniversary of the date of grant.