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4//SEC Filing

KORNFELD LEO 4

Accession 0001181431-05-011763

CIK 0001103313other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 3:01 PM ET

Size

7.8 KB

Accession

0001181431-05-011763

Insider Transaction Report

Form 4
Period: 2005-02-17
KORNFELD LEO
Director
Transactions
  • Other

    Stock Option (Right to Buy)

    2005-02-17$19.05/sh15,000$285,7500 total
    Exercise: $16.48From: 2004-04-02Exp: 2014-04-02Common Stock, par value $.001 (25,000 underlying)
  • Other

    Stock Option (Right to Buy)

    2005-02-17$19.05/sh10,000$190,5000 total
    Exercise: $15.29From: 2005-05-17Exp: 2014-05-17Common Stock, par value $.001 (10,000 underlying)
Footnotes (1)
  • [F1]Disposed of pursuant to an Agreement and Plan of Merger dated as of January 4, 2005 among the Issuer, CIT Group Inc. and CIT ELG Corporation, by automatic cancellation and conversion of the option into the right to receive a cash payment of the tender offer price of $19.05 per share of common stock.

Issuer

EDUCATION LENDING GROUP INC

CIK 0001103313

Entity typeother

Related Parties

1
  • filerCIK 0001221769

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 3:01 PM ET
Size
7.8 KB