ADESA INC 4
4 · ADESA INC · Filed Apr 24, 2007
Insider Transaction Report
Form 4
ADESA INCKAR
Beaver Ron
EVP & CIO
Transactions
- Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−30,000→ 0 totalExercise: $25.59Exp: 2012-03-15→ Common Stock (30,000 underlying) - Disposition to Issuer
Restricted Stock Units
2007-04-20−2,000→ 0 totalExercise: $0.00→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]These restricted stock units were accelerated and cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $55,700, equal to the merger consideration of $27.85 for each restricted stock unit. Prior to the acceleration, the restricted stock units had a vesting date of 3/15/09.
- [F2]N/A
- [F3]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $67,650, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.