ARDELT MAXIMILIAN 4
4 · TECH DATA CORP · Filed Apr 6, 2011
Insider Transaction Report
Form 4
TECH DATA CORPTECD
ARDELT MAXIMILIAN
Director
Transactions
- Exercise/Conversion
Common Stock
2011-04-05$31.63/sh+4,635$146,605→ 8,957 total - Disposition to Issuer
Common Stock
2011-04-05$51.84/sh−3,384$175,427→ 5,573 total - Exercise/Conversion
Stock Appreciation Rights
2011-04-05−4,635→ 0 totalExercise: $31.63From: 2010-06-03Exp: 2019-06-10→ Common Stock (4,635 underlying)
Footnotes (3)
- [F1]The market value of Tech Data stock reached $51.63 per share after the vesting period, attaining the award's $20 maximum cap per share, therefore, in accordance with the grant agreement, the vested shares were automatically exercised. The net shares received represent the maximum value less any tax liability, if applicable.
- [F2]Table I - Column 5: 3,222 shares held direct; 2,351 unvested RSU's.
- [F3]Maximum value stock-settled stock appreciation right granted on 06/10/09 at $31.63 under the 2009 Equity Incentive Plan of Tech Data Corporation ("TECD"), vesting on the date of the annual meeting of the Board held in June 2010. This instrument was granted with a cap on realizable value.