4//SEC Filing
NAUTICA ENTERPRISES INC 4
Accession 0001181431-03-021090
CIK 0000093736operating
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 3:32 PM ET
Size
10.3 KB
Accession
0001181431-03-021090
Insider Transaction Report
Form 4
SANDERS HARVEY
DirectorChairman, President & CEO10% Owner
Transactions
- Disposition to Issuer
Common Stock
2003-08-27$17.00/sh−1,200,000$20,400,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Employee Stock Option (Right to buy)
2003-08-27−180,000→ 0 totalExercise: $10.38From: 2000-03-01Exp: 2005-03-01→ Common Stock (180,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2003-08-27−200,000→ 0 totalExercise: $11.28From: 2003-08-27Exp: 2009-04-09→ Common Stock (200,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2003-08-27−177,000→ 0 totalExercise: $7.46From: 1999-05-12Exp: 2004-05-12→ Common Stock (177,000 underlying) - Disposition to Issuer
Common Stock
2003-08-27$17.00/sh−2,306,440$39,209,480→ 0 total
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between the issuer and V.F. Corporation in exchange for $39,209,480.
- [F2]Mr. Sanders indirectly beneficially owned the 1,200,000 shares through the Harvey Sanders Grantor Retained Income Trust, which were disposed of by the Trust pursuant to the merger between the issuer and V.F. Corporation in exchange for $20,400,000.
- [F3]This option was canceled in the merger between the issuer and V.F. Corporation in exchange for a cash payment of $127,874.16, representing the difference between the exercise price of the option and the merger consideration of $17 per share.
- [F4]This option was canceled in the merger between the issuer and V.F. Corporation in exchange for a cash payment of $1,191,600, representing the difference between the exercise price of the option and the merger consideration of $17 per share.
- [F5]This option, which provided for vesting in five equal installments beginning 4/9/99, was canceled in the merger between the issuer and V.F. Corporation in exchange for a cash payment of $1,144,000, representing the difference between the exercise price of the option and the merger consideration of $17 per share.
Documents
Issuer
NAUTICA ENTERPRISES INC
CIK 0000093736
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000093736
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 3:32 PM ET
- Size
- 10.3 KB