4//SEC Filing
ANGELICA CORP /NEW/ 4
Accession 0001068800-08-000336
CIK 0000006571operating
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 11:22 AM ET
Size
24.2 KB
Accession
0001068800-08-000336
Insider Transaction Report
Form 4
SHAFFER JAMES W
VP, Treasurer & CFO
Transactions
- Disposition to Issuer
Common Stock
2008-08-04$22.00/sh−1,207$26,554→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-08-04−3,000→ 0 totalExercise: $16.81Exp: 2009-05-25→ Common (3,000 underlying) - Disposition to Issuer
Common Stock
2008-08-04$22.00/sh−18,880$415,360→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-08-04−2,000→ 0 totalExercise: $12.69Exp: 2009-08-13→ Common (2,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-08-04−10,000→ 0 totalExercise: $7.25Exp: 2010-05-23→ Common (10,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-08-04−5,000→ 0 totalExercise: $16.32Exp: 2012-08-05→ Common (5,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2008-08-04−8,000→ 0 totalExercise: $19.36Exp: 2013-08-27→ Common (8,000 underlying)
Footnotes (11)
- [F1]Includes 201 shares acquired pursuant to Angelica Corporation Dividend Reinvestment Plan since the reporting person's last ownership report.
- [F10]The above options were tendered by the Reporting Person to the Issuer in connection with the Offer to Purchase for Cash All Outstanding Options to Purchase Shares of Common Stock with an Exercise Price of Less than $22.00 per Share (such Offer, an exhibit to the Schedule TO initially filed by the Issuer with the Commission on July 3, 2008), which Offer expired on August 4, 2008. All tendered options were cancelled and the Issuer paid to the Reporting Person with respect to each separate option grant a cash amount, without interest and less any applicable tax withholdings, of the "spread value" of such option grant, which is the product of (a) the excess of $22.00 over the per share exercise price of such option multiplied by (b) the aggregate number of shares of the Issuer's common stock issuable upon exercise of such option.
- [F11]These options were tendered by the Reporting Person to the Issuer in connection with the Offer to Purchase for Cash Up To 91,463 Shares of Common Stock with an Exercise Price of Greater than $22.00 per Share (such Offer, an exhibit to the Schedule TO initially filed by the Issuer with the Commission on July 3, 2008), which Offer expired on August 4, 2008. All tendered options were cancelled and the Issuer paid to the Reporting Person with respect to the option grant a cash amount, without interest and less any applicable tax withholdings, for each "out-of-the-money" option, $0.82 multiplied by the number of shares of the Issuer's common stock issuable upon exercise of such option.
- [F2]Includes 13 shares in the Angelica Stock Fund of the Company's 401(k) acquired pursuant to the Dividend Reinvestment Plan since the date of the reporting person's last ownership report.
- [F3]In connection with the merger of Clothesline Acquisition Corporation with and into the Issuer, shares of the Issuer's common stock were converted into the right to receive $22.00 per share, without interest.
- [F4]This option provided for vesting in four equal annual installments beginning May 25, 2000.
- [F5]This option provided for vesting in four equal annual installments beginning August 13, 2000.
- [F6]This option provided for vesting in four equal annual installments beginning May 23, 2001.
- [F7]This option provided for vesting in four equal annual installments beginning August 28, 2002.
- [F8]This option provided for vesting in four equal annual installments beginning August 5, 2003.
- [F9]This option provided for vesting in four equal annual installments beginning August 27, 2004.
Documents
Issuer
ANGELICA CORP /NEW/
CIK 0000006571
Entity typeoperating
IncorporatedMO
Related Parties
1- filerCIK 0000006571
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 11:22 AM ET
- Size
- 24.2 KB