4//SEC Filing
BALLOU STEPHEN 4
Accession 0001179110-04-001204
CIK 0000718909other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 5:13 PM ET
Size
7.6 KB
Accession
0001179110-04-001204
Insider Transaction Report
Form 4
HPSC INCHDR
BALLOU STEPHEN
Vice President, Operations
Transactions
- Disposition to Issuer
Employee Stock Option (Right to buy)
2004-01-12−1,500→ 0 totalExercise: $5.37From: 1998-04-23Exp: 2008-04-23→ Common Stock (1,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2004-01-12−5,000→ 0 totalExercise: $7.50From: 2000-04-20Exp: 2010-04-20→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2004-01-12−2,755→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between issuer, General Electric Company ("GE") and Patriot HFS, Inc., a wholly-owned subsidiary of GE, in exchange for 1,278 shares of GE common stock having a market value of $31.2373 per share on the effective date of the merger. Any fractional shares due were paid in cash.
- [F2]Cancelled pursuant to merger agreement in exchange for 272 shares of GE common stock having a market value of $31.2373 per share on the effective date of the merger. Any fractional shares due were paid in cash.
- [F3]This option, which provided for vesting in five equal annual installments of 1,250 shares on April 20, 2000, April 20, 2001, April 20, 2002, April 20, 2003, and April 20, 2004. It was cancelled at the effective date of the merger in exchange for 697 shares of GE Common Stock having a market value of $31.2373 per share on the effective date of the merger. Any fractional shares due were paid in cash.
Documents
Issuer
HPSC INC
CIK 0000718909
Entity typeother
Related Parties
1- filerCIK 0001201016
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 5:13 PM ET
- Size
- 7.6 KB