DEROSE ROBERT 4
4 · EDUCATION LENDING GROUP INC · Filed Feb 14, 2005
Insider Transaction Report
Form 4
DEROSE ROBERT
DirectorChairman and CEO
Transactions
- Disposition from Tender
Common Stock, $.001 par value per share
2005-02-14$19.05/sh−40,333$768,344→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock, $.001 par value per share
2005-02-14$19.05/sh−1,084,000$20,650,200→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock, $.001 par value per share
2005-02-14$19.05/sh−10,000$190,500→ 0 total - Disposition from Tender
Common Stock, $.001 par value per share
2005-02-14$19.05/sh−25,000$476,250→ 0 total(indirect: By Foundation)
Footnotes (1)
- [F1]Disposed of pursuant to a tender offer by CIT ELG Corporation ("Purchaser") to purchase all of the shares of Common Stock of the Issuer, which shares were accepted for payment by CIT Group, Inc., Purchaser's parent corporation, on February 14, 2005, in connection with the merger of the Issuer and Purchaser.