IONICS INC 4
4 · IONICS INC · Filed Feb 23, 2005
Insider Transaction Report
Form 4
IONICS INCION
WANG DANIEL I C
Director
Transactions
- Disposition from Tender
Stock Option (Right to Buy)
2005-02-22$44.00/sh−4,000$176,000→ 0 totalExercise: $18.90→ Common Stock (4,000 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2005-02-22$44.00/sh−2,000$88,000→ 0 totalExercise: $33.81→ Common Stock (2,000 underlying) - Disposition from Tender
Common Stock
2005-02-22$44.00/sh−3,713$163,372→ 0 total
Footnotes (2)
- [F1]The disposition of the securities is exempt pursuant to Section 16b-3(e).
- [F2]Pursuant to the Merger Agreement between the issuer, General Electric Company and Triton Acquisition Corp., the stock options will be converted at the effective time of the merger into the right to receive a cash payment equal to the excess of $44.00 over the exercise price of such stock option multiplied by the number of shares subject to such stock option. The disposition of the securities is exempt pursuant to Section 16b-3(e).