4//SEC Filing
LLOYD STUART R 4
Accession 0001179110-05-011713
CIK 0001103013other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 5:30 PM ET
Size
20.1 KB
Accession
0001179110-05-011713
Insider Transaction Report
Form 4
LLOYD STUART R
DirectorChief Financial Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-05-23−12,307→ 0 totalExercise: $8.13From: 2002-12-31Exp: 2010-12-31→ Common Stock (12,307 underlying) - Exercise/Conversion
Common Stock
2005-05-23$8.13/sh+12,307$99,994→ 98,170 total - Disposition from Tender
Common Stock
2005-06-01$15.50/sh−98,170$1,521,635→ 0 total - Disposition from Tender
Common Stock
2005-06-01$15.50/sh−480$7,440→ 0 total(indirect: By Trust)
Holdings
- 7,692
Employee Stock Option (right to buy)
Exercise: $12.00From: 2002-03-01Exp: 2010-02-28→ Common Stock (7,692 underlying) - 25,000
Employee Stock Option (right to buy)
Exercise: $18.01From: 2004-07-14Exp: 2012-07-14→ Common Stock (25,000 underlying) - 3,344
Employee Stock Option (right to buy)
Exercise: $29.90From: 2004-12-31Exp: 2012-12-31→ Common Stock (3,344 underlying) - 5,899
Employee Stock Option (right to buy)
Exercise: $16.95From: 2005-02-28Exp: 2013-12-31→ Common Stock (5,899 underlying) - 10,856
Employee Stock Option (right to buy)
Exercise: $14.17From: 2005-01-01Exp: 2014-12-31→ Common Stock (10,856 underlying) - 2,658
Employee Stock Option (right to buy)
Exercise: $37.61From: 2003-12-31Exp: 2011-12-31→ Common Stock (2,658 underlying) - 50,000
Employee Stock Option (right to buy)
Exercise: $18.01From: 2005-02-28Exp: 2012-07-14→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]This amount includes 5,063 shares purchased through the Company's Employee Stock Purchase Plan.
- [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 a 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 of the Company with and into Purchaser.
- [F4]The vesting of these options was accelerated and they became fully exercisable as of 02/28/2005 by action of the Company's Board of Directors.
Documents
Issuer
PEC SOLUTIONS INC
CIK 0001103013
Entity typeother
Related Parties
1- filerCIK 0001241656
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 5:30 PM ET
- Size
- 20.1 KB