4//SEC Filing
NEUBERGER BERMAN INC 4
Accession 0001068144-03-000144
CIK 0001068144operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:16 PM ET
Size
16.2 KB
Accession
0001068144-03-000144
Insider Transaction Report
Form 4
LANE JEFFREY B/
DirectorPresident, CEO
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−150,000→ 0 totalExercise: $18.75Exp: 2003-10-31→ Common Stock (150,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−102,909→ 0 totalExercise: $42.67Exp: 2003-10-31→ Common Stock (102,909 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−97,580→ 0 totalExercise: $47.67Exp: 2003-10-31→ Common Stock (97,580 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−121,892→ 0 totalExercise: $29.10Exp: 2003-10-31→ Common Stock (121,892 underlying) - Disposition to Issuer
Common Stock
2003-10-31−774,696→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−200,000→ 0 totalExercise: $44.22Exp: 2003-10-31→ Common Stock (200,000 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 367,283 shares of Lehman common stock and $7,351,891.05 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 59,562 shares of Lehman common stock for $78.10 per share.
- [F11]The option was replaced with an option to acquire 74,402 shares of Lehman common stock for $47.68 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 91,560 shares of Lehman common stock for $30.72 per share.
- [F7]The option was replaced with an option to acquire 91,560 shares of Lehman common stock for $34.95 per share.
- [F8]The option was replaced with an option to acquire 62,815 shares of Lehman common stock for $69.92 per share.
- [F9]The option was replaced with an option to acquire 122,080 shares of Lehman common stock for $72.45 per share.
Documents
Issuer
NEUBERGER BERMAN INC
CIK 0001068144
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001068144
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 9:16 PM ET
- Size
- 16.2 KB