Devin Eric 4
4 · PROTECTION ONE INC · Filed Jun 8, 2010
Insider Transaction Report
Form 4
Devin Eric
Treasurer and VP of Finance
Transactions
- Disposition to Issuer
2004 Employee Stock Option (right to buy)
2010-06-04$8.98/sh−15,000$134,700→ 0 totalExercise: $6.52Exp: 2011-02-08→ Common Stock, $.01 par value (15,000 underlying) - Disposition to Issuer
1997 Plan Employee Stock Option (right to buy)
2010-06-04−400→ 0 total→ Common Stock, $.01 par value (400 underlying) - Disposition from Tender
Common Stock, $0.01 par value
2010-06-04$15.50/sh−6,847$106,129→ 0 total
Footnotes (2)
- [F1]These options were cancelled in accordance with their terms in connection with the tender offer and merger that was consummated on June 4, 2010. Options granted under the 2004 Employee Stock Option Plan vested ratably over 48 months beginning in February 2005.
- [F2]All rights to the options under the 1997 Stock Plan were relinquished in connection with the tender offer and merger that was consummated on June 4, 2010, and no consideration was received for the cancellation. The exercise price for these options exceeded the consideration paid per share pursuant to the tender offer and merger. These options were fully vested prior to June 4, 2010. These options were to expire ten years after their date of grant.