Home/Filings/4/0001068144-03-000143
4//SEC Filing

HANDWERKER KEVIN 4

Accession 0001068144-03-000143

CIK 0001068144other

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 9:16 PM ET

Size

16.1 KB

Accession

0001068144-03-000143

Insider Transaction Report

Form 4
Period: 2003-10-31
HANDWERKER KEVIN
General Counsel, SVPOther
Transactions
  • Disposition to Issuer

    Common Stock

    2003-10-3127,7860 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2003-10-3140,0000 total
    Exercise: $44.22Exp: 2003-10-31Common Stock (40,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2003-10-312,0060 total
    Exercise: $42.67Exp: 2003-10-31Common Stock (2,006 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2003-10-3122,5000 total
    Exercise: $52.42Exp: 2003-10-31Common Stock (22,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2003-10-311,9030 total
    Exercise: $47.67Exp: 2003-10-31Common Stock (1,903 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2003-10-312,1850 total
    Exercise: $29.10Exp: 2003-10-31Common Stock (2,185 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2003-10-316,2210 total
    Exercise: $18.75Exp: 2003-10-31Common Stock (6,221 underlying)
Footnotes (11)
  • [F1]Disposed of pursuant to the terms and provisions of the Agreement and Plan of Merger, dated as of July 21, 2003 (the 'Merger Agreement'), among Lehman Brothers Holdings Inc. ('Lehman'), Ruby Acquisition Company and Neuberger Berman Inc. ('Neuberger Berman'), in exchange for 13,173 shares of Lehman common stock and $263,712.99 in cash on October 31, 2003, the effective date of the merger (the 'Effective Date').
  • [F10]The option was replaced with an option to acquire 1,161 shares of Lehman common stock for $78.10 per share.
  • [F11]The option was replaced with an option to acquire 13,734 shares of Lehman common stock for $85.88 per share.
  • [F2]The closing price of Lehman common stock on the Effective Date was $72.00 per share.
  • [F3]On the Effective Date, all outstanding employee stock options to purchase Neuberger Berman's common stock granted under the 1999 Neuberger Berman Inc. Long-Term Incentive Plan, as amended, (the 'LTIP'), converted into options to purchase shares of Lehman common stock in accordance with the terms and provisions of the Merger Agreement.
  • [F4]All unvested stock options granted under the LTIP vested on the Effective Date.
  • [F5]Previously vested.
  • [F6]The option was replaced with an option to acquire 3,797 shares of Lehman common stock for $30.72 per share.
  • [F7]The option was replaced with an option to acquire 1,333 shares of Lehman common stock for $47.68 per share.
  • [F8]The option was replaced with an option to acquire 1,224 shares of Lehman common stock for $69.92 per share.
  • [F9]The option was replaced with an option to acquire 24,416 shares of Lehman common stock for $72.45 per share.

Documents

1 file

Issuer

NEUBERGER BERMAN INC

CIK 0001068144

Entity typeother

Related Parties

1
  • filerCIK 0001198023

Filing Metadata

Form type
4
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:16 PM ET
Size
16.1 KB