NICHOLS MACK G 4
4 · GREAT LAKES CHEMICAL CORP · Filed Jul 1, 2005
Insider Transaction Report
Form 4
NICHOLS MACK G
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2005-07-01$22.72/sh−2,750$62,480→ 0 totalExercise: $22.72From: 2003-02-12Exp: 2012-02-12→ Common (2,750 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2005-07-01$21.62/sh−3,000$64,860→ 0 totalExercise: $21.62From: 2004-02-11Exp: 2013-02-11→ Common (3,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2005-07-01$48.31/sh−2,000$96,626→ 0 totalExercise: $48.31From: 2000-05-05Exp: 2009-05-04→ Common (2,000 underlying) - Disposition to Issuer
Common
2005-07-01−2,600→ 0 total - Disposition to Issuer
Phantom Stock Units
2005-07-01−2,630→ 0 totalExercise: $0.00From: 2005-07-01Exp: 2005-07-01→ Common (2,630 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated March 8, 2005 (the "Merger Agreement"), by and among Crompton Corporation ("Crompton"), Copernicus Merger Corporation and Great Lakes Chemical Corporation ("Great Lakes") in exchange for 2.2232 shares of Crompton common stock (the "Exchange Ratio") in accordance with the terms of the Merger Agreement having a market value of $14.15 on 6/30/2005.
- [F2]This option, when granted, provided for vesting in 3 equal annual installments beginning on the first anniversary of the grant, and in accordance with its terms will become fully vested upon the consummation of the merger. Pursuant to the Merger Agreement, such options have been assumed by Crompton and will be exercisable for Crompton common stock based on the Exchange Ratio.