SEGERS DONALD P 4
4 · OI CORP · Filed Nov 16, 2010
Insider Transaction Report
Form 4
OI CORPOICO
SEGERS DONALD P
DirectorPresident and COO
Transactions
- Disposition from Tender
Employee Stock Option (Right to Buy)
2010-11-15$5.98/sh−12,000$71,760→ 0 totalExercise: $6.52Exp: 2012-01-29→ Common Stock (12,000 underlying) - Disposition from Tender
Common Stock
2010-11-15$12.50/sh−10,500$131,250→ 0 total - Disposition from Tender
Employee Stock Option (Right to Buy)
2010-11-15$9.38/sh−3,600$33,750→ 0 totalExercise: $3.13Exp: 2011-02-05→ Common Stock (3,600 underlying) - Disposition from Tender
Employee Stock Option (Right to Buy)
2010-11-15$8.47/sh−10,800$91,476→ 0 totalExercise: $4.03Exp: 2012-12-16→ Common Stock (10,800 underlying) - Disposition from Tender
Employee Stock Option (Right to Buy)
2010-11-15$4.14/sh−9,000$37,260→ 0 totalExercise: $8.36Exp: 2014-01-26→ Common Stock (9,000 underlying) - Disposition from Tender
Employee Stock Option (Right to Buy)
2010-11-15−20,000→ 0 totalExercise: $13.70Exp: 2017-06-25→ Common Stock (20,000 underlying)
Footnotes (6)
- [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 per share special dividend.
- [F2]This option, which provided for vesting in five equal installments beginning February 5, 2002, was canceled in the merger in exchange for a cash payment of $33,750, representing the difference between the exercise price of the option and the merger consideration of $12.00 per share plus the $0.50 per share special dividend.
- [F3]This option, which provided for vesting in three equal installments beginning January 29, 2003, was canceled in the merger in exchange for a cash payment of $71,760, representing the difference between the exercise price of the option and the merger consideration of $12.00 per share plus the $0.50 per share special dividend.
- [F4]This option, which provided for vesting in five equal installments beginning December 16, 2003, was canceled in the merger in exchange for a cash payment of $91,476, representing the difference between the exercise price of the option and the merger consideration of $12.00 per share plus the $0.50 per share special dividend.
- [F5]This option, which provided for vesting in five equal installments beginning January 26, 2005, was canceled in the merger in exchange for a cash payment of $37,260, representing the difference between the exercise price of the option and the merger consideration of $12.00 per share plus the $0.50 per share special dividend.
- [F6]This option, which provided for vesting in four equal 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.