4//SEC Filing
HARRIS TEETER SUPERMARKETS, INC. 4
Accession 0001127602-14-003524
CIK 0000085704operating
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 5:37 PM ET
Size
10.6 KB
Accession
0001127602-14-003524
Insider Transaction Report
Form 4
WARDEN WILLIAM C JR
Director
Transactions
- Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2014-01-28$14.14/sh−10,000$141,400→ 0 totalExercise: $35.24From: 2008-02-21Exp: 2018-02-21→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2014-01-28$49.38/sh−5,000$246,900→ 0 total - Disposition to Issuer
Phantom Stock Units
2014-01-28−7,815→ 0 totalExercise: $0.00→ Common Stock (7,815 underlying)
Footnotes (5)
- [F1]Pursuant to the "merger agreement" dated as of July 8, 2013, among Harris Teeter Supermarkets, Inc. (the "Company"), The Kroger Co. and Hornet Acquisition, Inc., these shares were cancelled and converted into the right to receive an amount in cash equal to $49.38 per share.
- [F2]Pursuant to the merger agreement, this option was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock subject to such option and (ii) the excess of $49.38 over the exercise price of the option. The amount shown in column 8 represents the excess of $49.38 over the exercise price of the option.
- [F3]In addition, since the Reporting Person's last report, 24 shares were acquired pursuant to the dividend reinvestment feature of the Plan.
- [F4]The Phantom Stock Units were acquired under the Harris Teeter Supermarkets, Inc. Director Deferral Plan (the "Plan"). The Company uses a non-qualified trust to purchase and hold Company stock to satisfy the Company's obligation under the Plan. At the effective time of the merger, each current director terminated service as a member of the Company's Board of Directors, and the common stock held by the trust was cancelled and converted into the right to receive an amount in cash equal to $49.38 per share. Such amount will be paid to the director on the 90th day following the effective day of the merger.
- [F5]Regarding Table II, Column 8, Price of Derivative Security, for PSU, a blank or a price of $0 appears in this column. Nonetheless, upon each deferral of annual retainer or meeting fees, the Reporting Person's account is credited with a number of PSU equal to the number of shares of HTSI that would have an aggregate fair market value (determined as of the date such retainer or fees would have been paid) equal to the amount of such retainer or fees.
Documents
Issuer
HARRIS TEETER SUPERMARKETS, INC.
CIK 0000085704
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0000085704
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 5:37 PM ET
- Size
- 10.6 KB