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LANCASTER J BRUCE 4

Accession 0001144204-10-061206

CIK 0000073773other

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 8:47 AM ET

Size

9.9 KB

Accession

0001144204-10-061206

Insider Transaction Report

Form 4
Period: 2010-11-15
LANCASTER J BRUCE
DirectorCEO and CFO
Transactions
  • Disposition from Tender

    Employee Stock Option (Right to Buy)

    2010-11-15$1.08/sh20,000$21,6000 total
    Exercise: $11.42Exp: 2017-01-21Common Stock (20,000 underlying)
  • Disposition from Tender

    Employee Stock Option (Right to Buy)

    2010-11-1520,0000 total
    Exercise: $13.70Exp: 2017-06-25Common Stock (20,000 underlying)
  • Disposition from Tender

    Common Stock

    2010-11-15$12.50/sh14,714$183,9250 total
Footnotes (3)
  • [F1]Disposed of pursuant to merger agreement between issuer, ITT Corporation, and Oyster Acquisition Corp for $12.00 per share merger consideration plus a $0.50 special dividend.
  • [F2]This option, which provided for vesting in four equal annual installments beginning January 21, 2008, was canceled in the merger in exchange for a cash payment of $21,600, representing the difference between the exercise price of the option and the merger consideration of $12.00 per share plus a $0.50 per share special dividend.
  • [F3]This option, which provided for vesting in four equal annual installments beginning June 25, 2008, was canceled in the merger. No compensation was paid to the reporting person as the exercise price of the option exceeded the merger consideration of $12.00 per share plus the $0.50 per share special dividend.

Issuer

OI CORP

CIK 0000073773

Entity typeother

Related Parties

1
  • filerCIK 0001206168

Filing Metadata

Form type
4
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 8:47 AM ET
Size
9.9 KB