ARDEN GROUP INC 4
4 · ARDEN GROUP INC · Filed Mar 23, 2007
Insider Transaction Report
Form 4
ARDEN GROUP INCARDNA
DAVIDOW ROBERT A
Director
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2007-03-21$57.50/sh−1,250$71,875→ 8,750 totalExercise: $57.50From: 2005-01-20Exp: 2009-01-20→ Class A Common Stock (1,250 underlying) - Disposition to Issuer
Class A Common Stock
2007-03-21$128.89/sh−1,250$161,112→ 0 total - Exercise/Conversion
Class A Common Stock
2007-03-21$57.50/sh+1,250$71,875→ 1,250 total
Footnotes (1)
- [F1]The initial base price under the Stock Appreciation Rights was $77.50. On November 10, 2004, the base price under the Stock Appreciation Rights was adjusted downwards by $20 as a result of an extraordinary cash dividend on the Class A Common Stock.