4/A//SEC Filing
DOHERTY RAYMOND R 4/A
Accession 0001179110-04-007789
CIK 0000718909other
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 11:20 AM ET
Size
17.3 KB
Accession
0001179110-04-007789
Insider Transaction Report
Form 4/AAmended
HPSC INCHDR
DOHERTY RAYMOND R
DirectorPresident
Transactions
- Disposition to Issuer
Common Stock
2004-01-12−240,472→ 0 total - Disposition to Issuer
Common Stock
2004-01-12−12,713→ 0 total(indirect: See footnote) - Disposition to Issuer
Employee Stock Option (Right to buy)
2004-01-12−46,755→ 0 totalExercise: $7.50Exp: 2010-04-20→ Common Stock (46,755 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2004-01-12−20,000→ 0 totalExercise: $6.25Exp: 2011-01-12→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2004-01-12−43,700→ 0 totalExercise: $5.13From: 1998-04-23Exp: 2008-04-23→ Common Stock (43,700 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2004-01-12−15,067→ 0 totalExercise: $9.54From: 1999-12-07Exp: 2009-12-07→ Common Stock (15,067 underlying)
Footnotes (7)
- [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 111,579 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]Shares have been allocated to Mr. Doherty's account under the HPSC Employee Stock Ownership Plan. Said shares were 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 5,898 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]Cancelled pursuant to merger agreement in exchange for 8,947 shares of GE common stock having a market value of $31.2373 on the date of the merger. Any fractional shares due were paid in cash.
- [F4]Cancelled pursuant to merger agreement in exchange for 1,632 shares of GE common stock having a market value of $31.2373 on the date of the merger. Any fractional shares due were paid in cash.
- [F5]This option provided for vesting in five equal annual installments of 11,000 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 7,147 shares of GE common stock having a market value of $31.2373 on the date of the merger. Any fractional shares due were paid in cash.
- [F6]This option provided for vesting in five equal annual installments of 4,000 shares on January 12, 2001, January 12, 2002, January 12, 2003, January 12, 2004 and January 12, 2005. It was cancelled at the effective date of the merger in exchange for 3,603 shares of GE common stock having a market value of $31.2373 on the date of the merger. Any fractional shares due were paid in cash.
- [F7]This amendment is filed to correct Mr. Doherty's holding prior to the transactions reported, as reported in Table I, Column 4, and the number of shares into which these holdings were converted, as reported in footnote 1, to report the number of shares into which the shares held indirectly by Mr. Doherty were converted, as reported in footnote 2, and to correct the number of shares Mr. Doherty's options converted into as reported in footnotes 3 and 5.
Documents
Issuer
HPSC INC
CIK 0000718909
Entity typeother
Related Parties
1- filerCIK 0001201014
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 8, 8:00 PM ET
- Accepted
- Apr 9, 11:20 AM ET
- Size
- 17.3 KB