PRICE LEGACY CORP 4
4 · PRICE LEGACY CORP · Filed Dec 21, 2004
Insider Transaction Report
Form 4
Horton Jacklyn
Director
Transactions
- Disposition to Issuer
Common Stock
2004-12-21−1,337→ 0 total(indirect: As custodian for son) - Disposition to Issuer
Common Stock
2004-12-21−24,549→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2004-12-21−2,500→ 0 totalExercise: $18.00Exp: 2014-05-27→ Common Stock (2,500 underlying) - Disposition to Issuer
Common Stock
2004-12-21−917→ 0 total(indirect: As custodian for daughter)
Footnotes (2)
- [F1]These shares were disposed of pursuant to the Agreement and Plan of Merger dated August 24, 2004, as amended, by and among the Issuer, PL Retail LLC and PI Acquisition Corp. (the "Merger Agreement") in exchange for a cash payment of $19.097 per share.
- [F2]This option, which was fully vested at issuance, was cancelled pursuant to the Merger Agreement in exchange for cash payment of $2,742.50, representing the number of shares of the Issuer's common stock subject to such option multiplied by the amount by which the cash consideration per share to be paid in the merger ($19.097) exceeded the exercise price of the option.