Garlick James P 4
4 · MIRANT CORP · Filed Dec 7, 2010
Insider Transaction Report
Form 4
MIRANT CORPMIR
Garlick James P
SVP, Operations
Transactions
- Disposition to Issuer
Stock Option
2010-12-03−5,589→ 0 totalExercise: $25.05Exp: 2016-02-17→ Common Stock (5,589 underlying) - Disposition to Issuer
Stock Option
2010-12-03−8,882→ 0 totalExercise: $37.71Exp: 2012-03-08→ Common Stock (8,882 underlying) - Disposition to Issuer
Stock Option
2010-12-03−14,351→ 0 totalExercise: $37.02Exp: 2013-03-07→ Common Stock (14,351 underlying) - Disposition to Issuer
Stock Option
2010-12-03−27,780→ 0 totalExercise: $10.40Exp: 2019-03-03→ Common Stock (27,780 underlying) - Disposition to Issuer
Common Stock
2010-12-03−49,885→ 0 total - Disposition to Issuer
Stock Option
2010-12-03−5,682→ 0 totalExercise: $24.64Exp: 2016-01-13→ Common Stock (5,682 underlying) - Disposition to Issuer
Stock Option
2010-12-03−25,190→ 0 totalExercise: $13.19Exp: 2020-03-11→ Common Stock (25,190 underlying) - Tax Payment
Common Stock
2010-12-03$10.39/sh−13,627$141,585→ 49,885 total
Footnotes (8)
- [F1]Disposed of pursuant to merger agreement between issuer, RRI Energy Holdings, Inc., and RRI Energy, Inc. ("RRI") in exchange for 141,423 shares of RRI common stock having a market value of $3.62 per share on the effective date of the merger plus cash consideration for a fractional share of RRI common stock.
- [F2]Upon completion of the merger, this option, which provided for three-year ratable vesting on 3/11/11, 3/11/12 and 3/11/13, vested in full and was converted into an option to purchase 71,413 shares of RRI common stock at $4.66 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
- [F3]Upon completion of the merger, this fully-vested option was converted into an option to purchase 16,108 shares of RRI common stock at $8.70 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
- [F4]Upon completion of the merger, this fully-vested option was converted into an option to purchase 15,844 shares of RRI common stock at $8.84 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
- [F5]Upon completion of the merger, this fully-vested option was converted into an option to purchase 25,180 shares of RRI common stock at $13.31 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
- [F6]Upon completion of the merger, this option, which provided for three-year ratable vesting on 3/7/09, 3/7/10 and 3/7/11, vested in full and was converted into an option to purchase 40,685 shares of RRI common stock at $13.06 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
- [F7]Upon completion of the merger, this option, which provided for three-year ratable vesting on 3/3/10, 3/3/11 and 3/3/12, vested in full and was converted into an option to purchase 78,756 shares of RRI common stock at $3.67 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
- [F8]Reporting person disposed of these shares to satisfy tax withholding obligations related to the vesting of restricted stock units.