4//SEC Filing
SUNDMAN PETER E 4
Accession 0001068144-03-000149
CIK 0001068144other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:20 PM ET
Size
18.2 KB
Accession
0001068144-03-000149
Insider Transaction Report
Form 4
SUNDMAN PETER E
DirectorExecutive Vice President
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−59,837→ 0 totalExercise: $42.67Exp: 2003-10-31→ Common Stock (59,837 underlying) - Disposition to Issuer
Director Stock Option (Right To Buy)
2003-10-31−100,000→ 0 totalExercise: $44.22Exp: 2003-10-31→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2003-10-31−192,435→ 0 total(indirect: By Sundman Associates, L.P.) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−56,514→ 0 totalExercise: $47.67Exp: 2003-10-31→ Common Stock (56,514 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−72,015→ 0 totalExercise: $29.10Exp: 2003-10-31→ Common Stock (72,015 underlying) - Disposition to Issuer
Common Stock
2003-10-31−271,913→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−90,000→ 0 totalExercise: $18.75Exp: 2003-10-31→ Common Stock (90,000 underlying)
Footnotes (13)
- [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 128,913 shares of Lehman common stock and $2,580,520.74 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 43,957 shares of Lehman common stock for $47.68 per share.
- [F11]The option was replaced with an option to acquire 54,936 shares of Lehman common stock for $30.72 per share.
- [F12]The option was replaced with an option to acquire 54,936 shares of Lehman common stock for $34.95 per share.
- [F13]The option was replaced with an option to acquire 36,524 shares of Lehman common stock for $69.92 per share.
- [F2]The closing price of Lehman common stock on the Effective Date was $72.00 per share.
- [F3]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 91,233 shares of Lehman common stock and $1,826,238.33 in cash on October 31, 2003, the effective date of the merger (the 'Effective Date').
- [F4]Shares held by Sundman Associates, L.P. of which Sundman Associates, Inc. is the sole general partner and 1% owner. The Reporting Person is the sole stockholder of Sundman Associates, Inc. The remaining 99% ownership of Sundman Associates, L.P. is held by The Sundman 1998 Trust of which the Reporting Person does not serve as trustee and the Reporting Person's spouse, their decendants and trusts created for their benefit are the beneficiaries.
- [F5]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.
- [F6]All unvested stock options granted under the LTIP vested on the Effective Date.
- [F7]The option was replaced with an option to acquire 61,040 shares of Lehman common stock for $72.45 per share.
- [F8]Previously vested.
- [F9]The option was replaced with an option to acquire 34,496 shares of Lehman common stock for $78.10 per share.
Documents
Issuer
NEUBERGER BERMAN INC
CIK 0001068144
Entity typeother
Related Parties
1- filerCIK 0001198031
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 9:20 PM ET
- Size
- 18.2 KB