MCSORLEY RICHARD 4
4 · WEIGHT WATCHERS INTERNATIONAL INC · Filed Aug 26, 2003
Insider Transaction Report
Form 4
MCSORLEY RICHARD
COO, North America
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-08-22$43.22/sh−3,334$144,111→ 162,303 totalExercise: $4.04From: 2001-05-07Exp: 2011-05-07→ Common Stock (3,334 underlying) - Exercise/Conversion
Common Stock
2003-08-22$4.04/sh+3,334$13,461→ 64,354 total - Sale
Common Stock
2003-08-22$43.22/sh−1,666$72,012→ 61,020 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-08-22$43.22/sh−1,666$72,012→ 165,637 totalExercise: $4.04From: 2001-05-07Exp: 2011-05-07→ Common Stock (1,666 underlying) - Sale
Common Stock
2003-08-22$43.22/sh−3,334$144,111→ 61,020 total - Exercise/Conversion
Common Stock
2003-08-22$4.04/sh+1,666$6,726→ 62,686 total
Footnotes (3)
- [F1]The sale is being made pursuant to a previously adopted plan dated May 27, 2003, intended to comply with Rule 10b5-1. The representation regarding my knowledge of material information is as of May 27, 2003. The plan was adopted to diversify my portfolio for estate planning purposes.
- [F2]Options for 94,107 shares were granted on May 7, 2001 that vest on the following schedule: 20% on January 16, 2002; 20% on January 16, 2003; 20% on January 16, 2004; 20% on January 16, 2005; and 20% on January 16, 2006. Options for 188,215 shares were granted on May 7, 2001 that, subject to meeting certain EBITDA targets, vest on the following schedule: 25% on May 7, 2001; 25% on December 28, 2002; 25% on January 3, 2003; 12.5% on January 1, 2004; and 12.5% on December 31, 2005.
- [F3]Total options include all options granted on May 7, 2001 with the exercise price of $4.0375 and expiration date of May 7, 2011. The total does not include other options granted on January 13, 2003 with the exercise price of $42.27 and expiration date of January 12, 2008 (as previously reported on Form 4).