MCGOWAN GEORGE V 4

4 · DURATEK INC · Filed Jun 9, 2006

Form 4Exit

Period: 2006-06-07

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2006-06-07$22.00/sh−3,500$77,000→ 0 total
Disposition to Issuer
Employee Stock Option (Right to buy)
[F2]
2006-06-07$13.88/sh−10,000$138,800→ 0 total
Exercise: $8.13Exp: 2010-05-23→ Common Stock (10,000 underlying)
Disposition to Issuer
Employee Stock Option (Right to buy)
[F3]
2006-06-07$18.08/sh−10,000$180,800→ 0 total
Exercise: $3.92Exp: 2011-05-02→ Common Stock (10,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
[F4]
2006-06-07$17.59/sh−10,000$175,900→ 0 total
Exercise: $4.41Exp: 2012-03-15→ Common Stock (10,000 underlying)
Disposition to Issuer
Employee Stock Option (Right to buy)
[F5]
2006-06-07$13.89/sh−10,000$138,900→ 0 total
Exercise: $8.11Exp: 2013-03-10→ Common Stock (10,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
[F6]
2006-06-07$8.71/sh−10,000$87,100→ 0 total
Exercise: $13.29Exp: 2014-01-08→ Common Stock (10,000 underlying)
Disposition to Issuer
Employee Stock Option (Right to buy)
[F7]
2006-06-07−4,000→ 0 total
Exercise: $22.33Exp: 2015-02-15→ Common Stock (4,000 underlying)

Footnotes (7)

[F1]Disposed of pursuant to merger agreement between Duratek, Inc. and EnergySolutions, LLC for $22.00 per share in cash on the effective date of the merger.
[F2]This option was cancelled in the merger in exchange for a cash payment of $138,750, representing the difference between the exercise price of the option ($8.13) and the per share cash consideration in the merger ($22.00 per share).
[F3]This option was cancelled in the merger in exchange for a cash payment of $180,800, representing the difference between the exercise price of the option ($3.92) and the per share cash consideration in the merger ($22.00 per share).
[F4]This option was cancelled in the merger in exchange for a cash payment of $175,900, representing the difference between the exercise price of the option ($4.41) and the per share cash consideration in the merger ($22.00 per share).
[F5]This option was cancelled in the merger in exchange for a cash payment of $138,900, representing the difference between the exercise price of the option ($8.11) and the per share cash consideration in the merger ($22.00 per share).
[F6]This option was cancelled in the merger in exchange for a cash payment of $87,100, representing the difference between the exercise price of the option ($13.29) and the per share cash consideration in the merger ($22.00 per share).
[F7]This option was cancelled in the merger without consideration.

Signature

/s/George V. McGowan|2006-06-08

Documents

1 file