WELSH CARDEN N 4
4 · TIMBERLAND CO · Filed Sep 22, 2011
Insider Transaction Report
Form 4
WELSH CARDEN N
SVP Chief Admin Officer
Transactions
- Disposition to Issuer
Class A Common Stock
2011-09-13$43.00/sh−10,964$471,452→ 0 total(indirect: By Spouse) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−85,369$3,670,867→ 0 totalExercise: $9.34From: 2010-03-03Exp: 2019-03-05→ Class A Common Stock (0 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−46,942$2,018,506→ 0 totalExercise: $19.45From: 2012-03-04Exp: 2020-03-04→ Class A Common Stock (0 underlying) - Gift
Class A Common Stock
2011-09-09−6,884→ 5,480 total - Disposition to Issuer
Class A Common Stock
2011-09-13$43.00/sh−5,480$235,640→ 0 total - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−50,000$2,150,000→ 0 totalExercise: $18.95From: 2008-09-11Exp: 2017-09-11→ Class A Common Stock (0 underlying)
Footnotes (3)
- [F1]The option was cancelled as a result of the merger. A cash payment was made in lieu of the equity cancelled which represents the difference between the exercise price of the option and the per share buyout price of $43.00.
- [F2]These shares were disposed of pursuant to the merger agreement between the issuer and VF Corporation at a per share buyout price of $43.00.
- [F3]The shares were gifted by the shareholder.