Orchids Paper Products CO /DE 4
4 · Orchids Paper Products CO /DE · Filed Aug 26, 2013
Insider Transaction Report
Form 4
SNYDER ROBERT A
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2013-08-23−5,109→ 3 totalExercise: $6.81From: 2007-08-20Exp: 2017-08-20→ Common Stock (5,109 underlying) - Exercise/Conversion
Common Stock
2013-08-23$6.81/sh+5,109$34,792→ 86,530 total - Sale
Common Stock
2013-08-23$28.02/sh−5,109$143,149→ 81,421 total - Exercise/Conversion
Common Stock
2013-08-26$6.81/sh+3$20→ 81,424 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-08-26−3→ 0 totalExercise: $6.81From: 2007-08-20Exp: 2017-08-20→ Common Stock (3 underlying) - Sale
Common Stock
2013-08-26$28.02/sh−3$84→ 81,421 total
Holdings
- 600(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $28.00 to $28.15, inclusive. The reporting person undertakes to provide Orchids Paper Products Company, any security holder of Orchids Paper Products Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]The options were granted on August 20, 2007 with an exercise price equal to the average of the high and low price on the date of grant. 20% of the options vested on the date of grant, with the remaining 80% vesting ratably over the next four years.