PEETS COFFEE & TEA INC 4
4 · PEETS COFFEE & TEA INC · Filed Oct 30, 2012
Insider Transaction Report
Form 4
BILLINGS HILARY
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2012-10-29−2,895→ 0 totalExercise: $63.00Exp: 2022-05-14→ Common Stock (2,895 underlying) - Disposition to Issuer
Common Stock
2012-10-29$73.50/sh−1,738$127,743→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2012-10-29−5,000→ 0 totalExercise: $50.89Exp: 2021-05-31→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 21, 2012, among the Issuer, JAB Holdings BV and Panther Merger Co. (the "Merger Agreement").
- [F2]Disposed of pursuant to the Merger Agreement in exchange for $73.50 for each share of the Issuer's common stock held by Reporting Person.
- [F3]Pursuant to the Merger Agreement, this option was cancelled as of October 29, 2012 in exchange for a cash payment equal to the product of (i) the number of shares of the Issuer's common stock subject to the option multiplied by (ii) the excess of $73.50 over the per share exercise price of the option.