Scherer Allan D 4
4 · SOUTHERN UNION CO · Filed Mar 28, 2012
Insider Transaction Report
Form 4
Scherer Allan D
Director
Transactions
- Disposition to Issuer
Stock Options (right to purchase)
2012-03-26−14,815→ 0 totalExercise: $16.98→ Common Stock (14,815 underlying) - Disposition to Issuer
Common Stock
2012-03-26−3,582→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2012-03-26−24,488→ 0 total - Disposition to Issuer
Stock options (right to purchase)
2012-03-26−10,940→ 0 totalExercise: $25.60→ Common Stock (10,940 underlying) - Disposition to Issuer
Stock Options (right to purchase)
2012-03-26−10,753→ 0 totalExercise: $28.49→ Common Stock (10,753 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Second Amended and Restated Agreement and Plan of Merger, dated as of July 19, 2011, as amended, among Southern Union Company, Energy Transfer Equity, L.P., ("ETE") and Sigma Acquisition Corporation in exchange for $44.25 per share or one ETE common unit per share. The closing price of an ETE common unit on March 26, 2012, was $41.32 per share.
- [F2]Disposed of pursuant to the Second Amended and Restated Agreement and Plan of Merger, dated as of July 19, 2011, as amended, among Southern Union Company, Energy Transfer Equity, L.P., ("ETE") and Sigma Acquisition Corporation. Each stock option was converted into the right to receive an amount in cash equal to $44.25 less (i) the applicable exercise price and (ii) any applicable deductions and withholdings required by law.