LONE STAR TECHNOLOGIES INC 4
4 · LONE STAR TECHNOLOGIES INC · Filed Jun 14, 2007
Insider Transaction Report
Form 4
BEST RHYS J
DirectorChairman and CEO
Transactions
- Disposition to Issuer
Stock Option
2007-06-14−37,500→ 0 totalExercise: $15.07→ Common Stock (37,500 underlying) - Disposition to Issuer
Stock Option
2007-06-14−75,000→ 0 totalExercise: $39.27→ Common Stock (75,000 underlying) - Disposition to Issuer
Restricted Stock
2007-06-14$67.50/sh−121,500$8,201,250→ 0 total - Disposition to Issuer
Common Stock
2007-06-14$67.50/sh−75,414$5,090,445→ 0 total - Disposition to Issuer
Stock Option
2007-06-14−100,000→ 0 totalExercise: $34.06→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2007-06-14−65,000→ 0 totalExercise: $16.52→ Common Stock (65,000 underlying)
Footnotes (4)
- [F1]Total shares include 4,411 shares purchased pursuant to Issuer's Employee Stock Purchase Plan.
- [F2]Pursuant to the Agreement and Plan of Merger, dated March 28, 2007, by and among United States Steel Corporation, WP Acquisition Holding Corp. and Lone Star Technologies, Inc., at the effective time of the merger, each outstanding share of Lone Star common stock converted into the right to receive $67.50 in cash, without interest.
- [F3]Pursuant to the Agreement and Plan of Merger, dated March 28, 2007, by and among United States Steel Corporation, WP Acquisition Holding Corp. and Lone Star Technologies, Inc., at the effective time of the merger, each restricted share of Lone Star common stock became fully vested and converted into the right to receive $67.50 in cash, without interest.
- [F4]Pursuant to the Agreement and Plan of Merger, dated March 28, 2007, by and among United States Steel Corporation, WP Acquisition Holding Corp. and Lone Star Technologies, Inc., at the effective time of the merger, each outstanding option to purchase Lone Star common stock became fully vested and converted into the right to receive an amount in cash equal to the excess of $67.50 over the exercise price per share of common stock subject to such option.