Home/Filings/4/0001127602-12-028552
4//SEC Filing

Colavita Michael J 4

Accession 0001127602-12-028552

CIK 0000095304other

Filed

Oct 9, 8:00 PM ET

Accepted

Oct 10, 5:11 PM ET

Size

19.0 KB

Accession

0001127602-12-028552

Insider Transaction Report

Form 4
Period: 2012-10-05
Colavita Michael J
Vice President & Interim CFO
Transactions
  • Disposition to Issuer

    Common Stock Unit

    2012-10-051,9900 total
    Common Stock (1,990 underlying)
  • Disposition to Issuer

    Common Stock

    2012-10-055,1640 total
  • Disposition to Issuer

    Common Stock Unit

    2012-10-058960 total
    Common Stock (896 underlying)
  • Disposition to Issuer

    Common Stock

    2012-10-053500 total(indirect: By Trust)
  • Disposition to Issuer

    Common Stock Unit

    2012-10-051,7800 total
    Common Stock (1,780 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2012-10-05$26.54/sh5,300$140,6620 total
    Exercise: $23.46Exp: 2020-03-03Common Stock (5,300 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2012-10-05$20.64/sh7,300$150,6720 total
    Exercise: $29.36Exp: 2018-12-03Common Stock (7,300 underlying)
Footnotes (8)
  • [F1]Disposed of pursuant to merger agreement between issuer and Energy Transfer Partners, L.P. (NYSE: ETP), in exchange for: (a) the right to receive approximately 2,550 ETP common units; and (b) approximately $136,691 in cash (less applicable taxes and fees).
  • [F2]Pursuant to the merger agreement, the issuer stock fund in 401(K) plan was liquidated by trustee, during the period from September 19, 2012 through September 26, 2012, in open market sale transactions at prevailing prices ranging from $46.57 to $46.85.
  • [F3]Pursuant to merger agreement between issuer and Energy Transfer Partners, L.P. (NYSE: ETP), these options were canceled, in exchange for the right to receive a cash payment of approximately $150,672 (less applicable taxes and fees), representing the difference between the exercise price of the option and the cash election consideration ($50 per share).
  • [F4]Pursuant to merger agreement between issuer and Energy Transfer Partners, L.P. (NYSE: ETP), these options were canceled, in exchange for the right to receive a cash payment of approximately $140,662 (less applicable taxes and fees), representing the difference between the exercise price of the option and the cash election consideration ($50 per share).
  • [F5]Conversion rate is 1 for 1.
  • [F6]Pursuant to merger agreement between issuer and Energy Transfer Partners, L.P. (NYSE: ETP), these time-vested common stock units of the issuer were canceled in exchange for the right to receive a cash payment of approximately $99,500 (less applicable taxes and fees), representing an amount equal to the product of the total number of such common stock units multiplied by the per cash consideration of $50.
  • [F7]Pursuant to merger agreement between issuer and Energy Transfer Partners, L.P. (NYSE: ETP), these time-vested common stock units of the issuer were canceled in exchange for the right to receive a cash payment of approximately $44,800 (less applicable taxes and fees), representing an amount equal to the product of the total number of such common stock units multiplied by the per cash consideration of $50.
  • [F8]Pursuant to merger agreement between issuer and Energy Transfer Partners, L.P. (NYSE: ETP), these time-vested common stock units of the issuer were canceled in exchange for the right to receive a cash payment of approximately $89,000 (less applicable taxes and fees), representing an amount equal to the product of the total number of such common stock units multiplied by the per cash consideration of $50.

Issuer

SUNOCO INC

CIK 0000095304

Entity typeother

Related Parties

1
  • filerCIK 0001543115

Filing Metadata

Form type
4
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 5:11 PM ET
Size
19.0 KB