4//SEC Filing
SWARTZ JEFFREY B 4
Accession 0001127602-11-025826
CIK 0000814361other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 4:41 PM ET
Size
27.8 KB
Accession
0001127602-11-025826
Insider Transaction Report
Form 4
SWARTZ JEFFREY B
DirectorPresident and CEO10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2011-09-13$43.00/sh−278,204$11,962,772→ 0 total(indirect: By Trust) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−284,560$12,236,080→ 0 totalExercise: $9.34From: 2010-03-04Exp: 2019-03-05→ Class A Common Stock (0 underlying) - Disposition to Issuer
Class B Common Stock
2011-09-13$43.00/sh−64,380$2,768,340→ 0 total→ Class A Common Stock (0 underlying) - Disposition to Issuer
Class A Common Stock
2011-09-13$43.00/sh−87,204$3,749,772→ 0 total(indirect: By Spouse) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−113,489$4,880,027→ 0 totalExercise: $19.45From: 2012-03-04Exp: 2020-03-04→ Class A Common Stock (0 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−90,000$3,870,000→ 0 totalExercise: $19.48From: 2004-03-06Exp: 2013-03-06→ Class A Common Stock (0 underlying) - Disposition to Issuer
Class B Common Stock
2011-09-13$43.00/sh−3,220,612$138,486,316→ 0 total(indirect: By Trust)→ Class A Common Stock (0 underlying) - Disposition to Issuer
Class A Common Stock
2011-09-13$43.00/sh−735,996$31,647,828→ 0 total - Disposition to Issuer
Class A Common Stock
2011-09-13$43.00/sh−31,200$1,341,600→ 0 total(indirect: By Self As Custodian) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−5,450$234,350→ 0 totalExercise: $15.19From: 2000-02-25Exp: 2009-02-25→ Class A Common Stock (0 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2011-09-13$43.00/sh−150,000$6,450,000→ 0 totalExercise: $31.29From: 2005-03-03Exp: 2014-03-03→ Class A Common Stock (0 underlying) - Disposition to Issuer
Class B Common Stock
2011-09-13$43.00/sh−183,484$7,889,812→ 0 total(indirect: By Self As Custodian)→ Class A Common Stock (0 underlying)
Footnotes (6)
- [F1]The Reporting Person, as custodian for his sons, Daniel, Samuel and Noah Swartz, under the MA Uniform Gifts to Minors Act, holds the following shares for his sons: 15,600 shares each for Daniel and Samuel Swartz of Class A Common Stock.
- [F2]Reporting Person's spouse received shares as a gift. Reporting Person disclaims ownership of these shares.
- [F3]The Class B Common Stock is convertible into Class A Common Stock at any time on a one-for-one basis, and has no expiration date. Previously this was reported on Table I but will in future filings be reported on Table II.
- [F4]The Reporting Person is one of the beneficiaries of The Sidney W. Swartz 1982 Family Trust, which Trust holds 278,204 shares of Class A Common Stock and 3,220,612 shares Class B.
- [F5]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.
- [F6]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
Documents
Issuer
TIMBERLAND CO
CIK 0000814361
Entity typeother
Related Parties
1- filerCIK 0001219451
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 4:41 PM ET
- Size
- 27.8 KB