WALL STEPHEN E 4
4 · ACCREDITED HOME LENDERS HOLDING CO · Filed Oct 16, 2007
Insider Transaction Report
Form 4
WALL STEPHEN E
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2007-10-12−17,500→ 0 totalExercise: $34.74Exp: 2016-10-02→ Common Stock (17,500 underlying)
Footnotes (1)
- [F1]These options, which became fully vested on October 12, 2007, were cancelled pursuant to the Merger Agreement, dated as of June 4, 2007, as amended, by and among Accredited Home Lenders Holding Co., LSF5 Accredited Merger Co., Inc. and LSF5 Accredited Investments, LLC in exchange for a cash payment equal to the product of (i) the number of shares of common stock underlying the option multiplied by (ii) the amount by which $11.75 exceeds the price of the option.