4//SEC Filing
STEIGER HEIDI L 4
Accession 0001068144-03-000154
CIK 0001068144other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:49 PM ET
Size
18.2 KB
Accession
0001068144-03-000154
Insider Transaction Report
Form 4
STEIGER HEIDI L
DirectorExecutive Vice President
Transactions
- Disposition to Issuer
Common Stock
2003-10-31−601,173→ 0 total - Disposition to Issuer
Employee 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
Employee Stock Option (Right to Buy)
2003-10-31−37,676→ 0 totalExercise: $47.67Exp: 2003-10-31→ Common Stock (37,676 underlying) - Disposition to Issuer
Common Stock
2003-10-31−98,010→ 0 total(indirect: By Steiger Associates, L.P.) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−60,000→ 0 totalExercise: $18.75Exp: 2003-10-31→ Common Stock (60,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−48,011→ 0 totalExercise: $29.10Exp: 2003-10-31→ Common Stock (48,011 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-10-31−39,892→ 0 totalExercise: $42.67Exp: 2003-10-31→ Common Stock (39,892 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 285,016 shares of Lehman common stock and $5,705,140.07 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 24,350 shares of Lehman common stock for $69.92 per share.
- [F11]The option was replaced with an option to acquire 61,040 shares of Lehman common stock for $72.45 per share.
- [F12]The option was replaced with an option to acquire 22,997 shares of Lehman common stock for $78.10 per share.
- [F13]The option was replaced with an option to acquire 29,305 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]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 46,466 shares of Lehman common stock and $930,152.56 in cash on October 31, 2003, the effective date of the merger (the 'Effective Date').
- [F4]Shares held by Steiger Associates, L.P. of which Steiger Associates, Inc. is the sole general partner and 1% owner. The Reporting Person is the sole stockholder of Steiger Associates, Inc. The remaining 99% ownership of Steiger Associates, L.P. is held by Steiger 1998 Grantor Retained Annuity Trust of which the Reporting Person serves as trustee and two trusts created for the benefit of the Reporting Person's minor children 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]Previously vested.
- [F8]The option was replaced with an option to acquire 36,624 shares of Lehman common stock for $30.72 per share.
- [F9]The option was replaced with an option to acquire 36,624 shares of Lehman common stock for $34.95 per share.
Documents
Issuer
NEUBERGER BERMAN INC
CIK 0001068144
Entity typeother
Related Parties
1- filerCIK 0001198027
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 9:49 PM ET
- Size
- 18.2 KB