STEWART & STEVENSON SERVICES INC 4
4 · STEWART & STEVENSON SERVICES INC · Filed Jun 1, 2006
Insider Transaction Report
Form 4
BIAR L SCOTT
CFO, Treasurer and Controller
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-05-25$24.79/sh−10,000$247,900→ 0 totalExercise: $11.71From: 2003-12-02Exp: 2012-12-02→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-05-25$21.88/sh−7,500$164,100→ 0 totalExercise: $14.62From: 2005-03-31Exp: 2014-03-31→ Common Stock (7,500 underlying)
Footnotes (4)
- [F1]Cancelled pursuant to the Agreement and Plan of Merger dated as of February 27, 2006, as amended, by and among Stewart & Stevenson Services, Inc., Armor Holdings, Inc. and Santana Acquisition Corp., in exchange for a cash payment equal to the product of the number of shares of common stock subject to the option multiplied by the excess, if any, of $36.50 over the exercise price per share of common stock under such option.
- [F2]The stock option becomes exercisable in four equal annual installments commencing December 2, 2003.
- [F3]The stock option becomes exercisable in four equal annual installments commencing March 31, 2005.
- [F4]The stock option becomes exercisable in four equal annual installments commencing April 5, 2006.