4//SEC Filing
JORGENSEN EARLE M CO /DE/ 4
Accession 0001181431-05-023240
CIK 0000054003operating
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 7:40 PM ET
Size
21.1 KB
Accession
0001181431-05-023240
Insider Transaction Report
Form 4
Travetto Frank D
Vice President, Merchandising
Transactions
- Other
Stock Option (right to buy)
2005-04-20+26,462→ 26,462 totalExercise: $4.14From: 2005-04-20Exp: 2010-07-31→ Common Stock (26,462 underlying) - Other
Stock Option (right to buy)
2005-04-20+44,103→ 44,103 totalExercise: $1.89From: 2005-04-20Exp: 2007-07-31→ Common Stock (44,103 underlying) - Other
Stock Option (right to buy)
2005-04-20+17,641→ 17,641 totalExercise: $3.12From: 2005-04-20Exp: 2009-07-31→ Common Stock (17,641 underlying) - Other
Common Stock
2005-04-20+12,000→ 12,000 total - Other
Common Stock
2005-04-20+19,241→ 19,241 total(indirect: By Stock Bonus Plan)
Footnotes (2)
- [F1]Prior to the transaction reported on this form, Mr. Travetto owned (i) 15,225 shares of the common stock of Earle M. Jorgensen Holding Company, Inc. ( "Holding Common Stock"), 53 shares of Holding's series B preferred stock ("Holding Series B Preferred Stock"), and 32 shares of Holding's 13% Cumulative Preferred Stock ("Holding Series A Preferred Stock") allocated to Mr. Travetto's stock bonus plan account, (ii) 12,000 shares of the Holding Common Stock, and (iii) fully vested options exercisable for 167,591 shares of Holding Common Stock. Pursuant to a merger and financial restructuring that is exempt under Rule 16b-7, among other things, (Continued in Footnote 2)
- [F2](a) each share of Holding Common Stock was exchanged for one share of the Issuer's common stock, (b) each share of Holding Series A Preferred Stock was exchanged for $403.75 in cash and 41.29 shares of the Issuer's common stock, without giving effect to the holdback of shares in respect of the underwriters' over-allotment option, (c) each share of Holding Series B Preferred Stock was exchanged for $494.38 in cash and 50.56 shares of the Issuer's common stock, without giving effect to the holdback of shares in respect of the underwriters' over-allotment option, and (d) each stock option that had been exercisable for shares of Holding Common Stock became exercisable for an equal number of shares of the Issuer's common stock at the same exercise prices and on the same terms and conditions as provided in the Holding stock option agreements and stock option plan.
Documents
Issuer
JORGENSEN EARLE M CO /DE/
CIK 0000054003
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000054003
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 7:40 PM ET
- Size
- 21.1 KB