4//SEC Filing
Bristow Derek R 4
Accession 0001140361-10-019662
CIK 0000353567other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 1:24 PM ET
Size
13.0 KB
Accession
0001140361-10-019662
Insider Transaction Report
Form 4
ICO INCICOC
Bristow Derek R
President - Europe & Asia/Pac
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-04-30−12,000→ 0 totalExercise: $2.45Exp: 2015-05-25→ Common Stock (12,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-04-30−6,000→ 0 totalExercise: $2.39Exp: 2014-08-09→ Common Stock (6,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-04-30−30,000→ 0 totalExercise: $4.79Exp: 2013-06-15→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock
2010-04-30−77,000→ 0 total
Footnotes (5)
- [F1]Disposed of in connection with the merger of ICO, Inc. ('ICO') with and into ICO-Schulman, LLC (f/k/a Wildcat Spider, LLC), a wholly-owned subsidiary of A. Schulman, Inc. ('A. Schulman'), which became effective on April 30, 2010 (the 'Effective Date') (the 'Merger'). In accordance with the terms of the Agreement and Plan of Merger, dated December 2, 2009, by and among A. Schulman, ICO and Wildcat-Spider, LLC (the 'Merger Agreement'), each share of ICO common stock held by the reporting person converted into the right to receive approximately (i) $3.64 in cash and (ii) 0.181816 shares of A. Schulman common stock (the 'Merger Consideration'). The closing sale price of A. Schulman common stock on the NASDAQ Global Market on the Effective Date was $26.01. Accordingly, the value of the Merger Consideration for each share of ICO common stock was approximately $8.37 ($3.64 + $4.73 = $8.37).
- [F2]Includes 77,000 shares representing former shares of restricted stock that vested immediately prior to the effective time of the Merger and converted into the right to receive the Merger Consideration.
- [F3]In accordance with the terms of the Merger Agreement, this option, which provided vesting on August 9, 2008, was cancelled in exchange for a cash payment of $34,800.00.
- [F4]In accordance with the terms of the Merger Agreement, this option, which provided vesting in two equal annual installments beginning on May 25, 2008, was cancelled in exchange for a cash payment of $68,880.00.
- [F5]In accordance with the terms of the Merger Agreement, this option, which provided vesting in three equal annual installments beginning on June 15, 2008, was cancelled in exchange for a cash payment of $102,000.00.
Documents
Issuer
ICO INC
CIK 0000353567
Entity typeother
Related Parties
1- filerCIK 0001314421
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 1:24 PM ET
- Size
- 13.0 KB