HARBITTER ALAN H 4
4 · PEC SOLUTIONS INC · Filed Jun 3, 2005
Insider Transaction Report
Form 4
HARBITTER ALAN H
DirectorChief Operating Officer10% Owner
Transactions
- Disposition from Tender
Common Stock
2005-06-01$15.50/sh−2,394,296$37,111,588→ 0 total - Disposition from Tender
Common Stock
2005-06-01$15.50/sh−8,000$124,000→ 0 total(indirect: By Foundation) - Disposition from Tender
Common Stock
2005-06-01$15.50/sh−491,500$7,618,250→ 0 total(indirect: See footnote) - Disposition from Tender
Common Stock
2005-06-01$15.50/sh−29,500$457,250→ 0 total(indirect: By Trust)
Holdings
- 18,462
Employee Stock Option (right to buy)
Exercise: $8.13From: 2001-01-01Exp: 2010-12-31→ Common Stock (18,462 underlying) - 10,856
Employee Stock Option (right to buy)
Exercise: $14.17From: 2005-01-01Exp: 2014-12-31→ Common Stock (10,856 underlying) - 157,188
Employee Stock Option (right to buy)
Exercise: $1.21From: 1997-01-01Exp: 2006-12-31→ Common Stock (157,188 underlying) - 50,000
Employee Stock Option (right to buy)
Exercise: $18.01From: 2005-02-14Exp: 2012-07-14→ Common Stock (50,000 underlying) - 93,498
Employee Stock Option (right to buy)
Exercise: $0.86From: 1996-01-01Exp: 2005-12-30→ Common Stock (93,498 underlying) - 3,989
Employee Stock Option (right to buy)
Exercise: $37.61From: 2002-01-01Exp: 2011-12-31→ Common Stock (3,989 underlying) - 108,000
Employee Stock Option (right to buy)
Exercise: $1.85From: 1998-01-01Exp: 2007-12-31→ Common stock (108,000 underlying) - 20,000
Employee Stock Option (right to buy)
Exercise: $7.50From: 2000-04-25Exp: 2010-04-24→ Common Stock (20,000 underlying) - 25,000
Employee Stock Option (right to buy)
Exercise: $18.01From: 2004-07-14Exp: 2012-07-14→ Common Stock (25,000 underlying) - 147,954
Employee Stock Option (right to buy)
Exercise: $3.12From: 1999-01-01Exp: 2008-12-31→ Common Stock (147,954 underlying) - 5,017
Employee Stock Option (right to buy)
Exercise: $29.90From: 2003-01-01Exp: 2012-12-31→ Common Stock (5,017 underlying) - 11,539
Employee Stock Option (right to buy)
Exercise: $12.00From: 2000-03-01Exp: 2010-02-28→ Common Stock (11,539 underlying)
Footnotes (3)
- [F1]Shares held by Alan Harris Harbitter and Lisa Jan Harbitter Grantor Retained Annuity Trust, Alan Harris Harbitter, Trustee.
- [F2]Pursuant to the terms of the Agreement and Plan of Merger by and among the Company, Nortel Networks Inc., a Delaware corporation ("Nortel"), PS Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Nortel ("Purchaser")dated April 25, 2005 (the "Merger Agreement"), these options shall be cancelled upon the effectiveness of the merger of the Company with and into Purchaser, and the reporting person shall receive a cash payment in accordance with the Merger Agreement.
- [F3]Pursuant to the terms of the Merger Agreement, these options shall be cancelled upon the effectiveness of the merger with and into Purchaser.