Pickering John D 4
4 · SUNOCO INC · Filed Oct 10, 2012
Insider Transaction Report
Form 4
SUNOCO INCSUN
Pickering John D
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock Unit
2012-10-05−2,480→ 0 total→ Common Stock (2,480 underlying) - Disposition to Issuer
Common Stock
2012-10-05−5,322→ 1,012 total(indirect: By Trust) - Disposition to Issuer
Common Stock Unit
2012-10-05−1,760→ 0 total→ Common Stock (1,760 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2012-10-05$26.54/sh−6,600$175,164→ 0 totalExercise: $23.46Exp: 2020-03-03→ Common Stock (6,600 underlying) - Disposition to Issuer
Common Stock
2012-10-05−3,310→ 0 total
Footnotes (6)
- [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 1,736 ETP common units; and (b) approximately $82,750 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 $175,164 (less applicable taxes and fees), representing the difference between the exercise price of the option and the cash election consideration ($50 per share).
- [F4]Conversion rate is 1 for 1.
- [F5]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 $124,000 (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.
- [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 $88,000 (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.