LABRANCHE & CO INC 4
4 · LABRANCHE & CO INC · Filed Jun 30, 2011
Insider Transaction Report
Form 4
HAYWARD ALFRED O JR
DirectorEVP; CEO of LaBranche & Co LLC
Transactions
- Disposition to Issuer
Option to purchase "LAB" Common Stock
2011-06-28−30,000→ 0 totalExercise: $35.00From: 2002-01-17Exp: 2012-01-17→ "LAB" Common Stock (30,000 underlying) - Disposition to Issuer
"LAB" Common Stock
2011-06-28−1,489,675→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to Agreement and Plan of Merger among Cowen Group, Inc. ("Cowen"), Louisiana Merger Sub Inc. and LaBranche & Co Inc. ("LaBranche") dated February 16, 2011. Each share of LaBranche Common Stock was exchanged for 0.998 shares of Cowen Class A common stock having a market value of $3.82 per share on the effective date of the merger.
- [F2]This option, which was 100% vested but unexercised, was terminated without consideration immediately prior to the effective time of the merger.