4//SEC Filing
UNITED INDUSTRIAL CORP /DE/ 4
Accession 0001179110-07-022592
CIK 0000101271operating
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 2:35 PM ET
Size
10.6 KB
Accession
0001179110-07-022592
Insider Transaction Report
Form 4
Greenberg Jonathan A
VP, Gen. Counsel and Secretary
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2007-12-04$51.25/sh−25,000$1,281,250→ 0 totalExercise: $29.75Exp: 2009-09-01→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-12-04$22.12/sh−3,500$77,420→ 0 totalExercise: $58.88Exp: 2011-03-27→ Common Stock (3,500 underlying)
Footnotes (2)
- [F1]All unvested options became fully exercisable on November 14, 2007 upon the change in control resulting from consummation of the tender offer under to the Agreement and Plan of Merger dated October 7, 2007 (the "Merger Agreement") among the issuer, Textron Inc. and Marco Acquisition Sub Inc., an indirect wholly owned subsidiary of Textron Inc.
- [F2]On November 30, 2007, the Board of Directors of the issuer accelerated the cancellation of these options, in exchange for a cash payment in the amount of $81.00 per share less the exercise price of the options, as contemplated by the Merger Agreement.
Documents
Issuer
UNITED INDUSTRIAL CORP /DE/
CIK 0000101271
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000101271
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 2:35 PM ET
- Size
- 10.6 KB