CRISCILLIS PAUL A JR 4
4 · NATIONAL VISION INC · Filed Sep 2, 2005
Insider Transaction Report
Form 4
CRISCILLIS PAUL A JR
Sr. Vice President and CFO
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2005-09-01$4.87/sh−22,000$107,140→ 0 totalExercise: $2.38Exp: 2014-01-29→ Common Stock (22,000 underlying) - Disposition from Tender
Common Stock
2005-09-01$7.25/sh−14,000$101,500→ 0 total
Footnotes (2)
- [F1]Pursuant to terms of grant of option, all options, to extent not previously vested, vest in connection with change in control of issuer. Change in control occured on September 1, 2005.
- [F2]The reporting person and the issuer agreed, subject to the first acceptance for payment of shares in the tender offer for the common stock of the issuer, to cancel the option, in exchange for a payment equal to the number of shares subject to the option times the difference between $7.25 (the price offered by the bidder in the tender offer) and the exercise price under the option.