B&G FOODS HOLDINGS CORP 4
4 · B&G FOODS HOLDINGS CORP · Filed Oct 18, 2004
Insider Transaction Report
Form 4
Soricelli Albert J JR
EVP Marketing/Strat. Planning
Transactions
- Sale
Series B Common Stock
2004-10-14$1.68/sh−114,011$191,538→ 215,659 total - Sale
Series A Preferred Stock
2004-10-14$949.22/sh−20$18,984→ 0 total - Sale
Employee Stock Option
2004-10-14$5.37/sh−76,923$413,077→ 0 totalExercise: $0.09Exp: 2007-03-01→ Class B Common Stock (76,923 underlying)
Footnotes (3)
- [F1]In connection with its initial public offering ("IPO") of 17,391,305 Enhanced Income Securities ("EISs"), each representing one share of Class A Common Stock and $7.15 principal amount of the Issuer's 12.0% senior subordinated notes due 2016, the Issuer used a portion of the proceeds of the offering to purchase from Mr. Soricelli 20 shares of Series A Cumulative Preferred Stock, 114,011 shares of Class B Common Stock and 76,923 options for Class B Common Stock directly owned by Mr. Soricelli.
- [F2]In connection with the IPO, B&G Foods, Inc. merged with and into the Issuer, with the Issuer as the surviving entity. The Issuer was renamed B&G Foods, Inc. In connection with the merger, each share of the Issuer's outstanding Common Stock was automatically reclassified and converted into109.8901 shares of the Issuer's Class B Common Stock.
- [F3]Exercisable immediately