George Zachary 4

Accession 0001179110-10-011701

CIK 0001016152other

View on SEC.gov Company Profile

Filed

Jul 18, 8:00 PM ET

Accepted

Jul 19, 1:17 PM ET

Size

29.3 KB

Accession

0001179110-10-011701

Insider Transaction Report

Form 4

Period: 2010-07-15

CORNELL COMPANIES INCCRN

George Zachary

Director

Transactions

Exercise/Conversion
Common stock
2010-07-15$13.75/sh+5,000$68,750→ 5,800 total
Exercise/Conversion
Stock option (right to buy)
2010-07-15−3,750→ 1,250 total
Exercise: $23.08Exp: 2020-01-04→ Common stock (3,750 underlying)
Exercise/Conversion
Stock option (right to buy)
2010-07-15−5,000→ 0 total
Exercise: $13.75Exp: 2015-07-08→ Common stock (5,000 underlying)
Exercise/Conversion
Stock option (right to buy)
2010-07-15−5,000→ 0 total
Exercise: $22.68Exp: 2018-01-02→ Common stock (5,000 underlying)
Exercise/Conversion
Common stock
2010-07-15$13.71/sh+5,000$68,550→ 10,800 total
Exercise/Conversion
Common stock
2010-07-15$22.68/sh+5,000$113,400→ 19,550 total
Tax Payment
Common stock
2010-07-15$28.43/sh−17,704.89$503,350→ 10,595.11 total
Exercise/Conversion
Common stock
2010-07-15$17.98/sh+5,000$89,900→ 24,550 total
Disposition to Issuer
Common stock
2010-07-15$28.43/sh−0.11$3→ 10,595 total
Exercise/Conversion
Stock option (right to buy)
2010-07-15−5,000→ 0 total
Exercise: $13.71From: 2006-01-03Exp: 2016-01-03→ Common stock (5,000 underlying)
Exercise/Conversion
Stock option (right to buy)
2010-07-15−5,000→ 0 total
Exercise: $17.98Exp: 2019-01-02→ Common stock (5,000 underlying)
Exercise/Conversion
Common stock
2010-07-15$20.32/sh+3,750$76,200→ 14,550 total
Exercise/Conversion
Common stock
2010-07-15$23.08/sh+3,750$86,550→ 28,300 total
Exercise/Conversion
Stock option (right to buy)
2010-07-15−3,750→ 0 total
Exercise: $20.32From: 2007-04-02Exp: 2017-04-02→ Common stock (3,750 underlying)

Holdings

Common stock
(indirect: By LLC)
101,365

Footnotes (6)

[F1]Amount disposed of represents a fractional share of the Issuer's common stock that resulted from the tender of option shares to pay the exercise prices for the options. In lieu of issuing a fractional share of its common stock, the Issuer distributed a cash payment equal to the fraction of a share to which the Reporting Person would otherwise be entitled.
[F2]The securities beneficially owned by FrontFour Capital Group, LLC (the "Adviser") are held directly by FrontFour Master Fund, Ltd. (the "Master Fund") and Distressed Securities & Special Situations-1 a series of Underlying Funds Trust (collectively with the Master Fund, the "Funds") which are advised and sub-advised, respectively, by the Adviser. The Adviser is deemed to be the indirect beneficial owner of the securities reported herein by reason of its position as investment adviser and sub-adviser of the Funds and may be deemed to be the indirect beneficial owner of such securities. Both the reporting person and the Adviser disclaim beneficial ownership of all such securities in excess of their actual pecuniary interest, if any.
[F3]This option became exercisable in four equal annual installments as follows: 3,750 on July 8, 2005; July 8, 2006; July 8, 2007; and July 8, 2008.
[F4]This option became exercisable in four equal installments as follows: 1,250 on January 2, 2008; April 1, 2008; July 1, 2008; and October 1, 2008.
[F5]This option became exercisable in four equal installments as follows: 1,250 on January 2, 2009; April 1, 2009; July 1, 2009; and October 1, 2009.
[F6]This option is exercisable in four equal installments as follows: 1,250 on January 4, 2010; April 1, 2010; July 1, 2010; and October 1, 2010.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

CORNELL COMPANIES INC

CIK 0001016152

→

Entity typeother

Related Parties

filerCIK 0001333602

Filing Metadata

Form type: 4
Filed: Jul 18, 8:00 PM ET
Accepted: Jul 19, 1:17 PM ET
Size: 29.3 KB

View on SEC.gov