KEANE, INC. 4
4 · KEANE, INC. · Filed Jun 6, 2007
Insider Transaction Report
Form 4
KEANE, INC.KEA
Arnold Kirk E
DirectorVice Chair, President and CEO
Transactions
- Disposition to Issuer
Stock Option
2007-06-04$2.08/sh−550,000$1,144,000→ 0 totalExercise: $12.22Exp: 2017-01-29→ Common Stock (550,000 underlying) - Disposition to Issuer
Common Stock
2007-06-04$14.30/sh−200,000$2,860,000→ 0 total
Footnotes (2)
- [F1]Disposed pursuant to merger agreement between issuer and Caritor, Inc., dated February 6, 2007, in exchange for the right to receive $14.30 per share.
- [F2]This option, granted 1/29/2007, which provided for a 25% vesting over four years beginning on 1/29/2008, was cancelled in the merger between issuer and Caritor, Inc. in exchange for a cash payment of $1,144,000.00, representing the difference between the exercise price of the option and $14.30.