USF CORP 4
4 · USF CORP · Filed May 26, 2005
Insider Transaction Report
Form 4
USF CORPUSFC
BERGMANN THOMAS E
Interim CEO/CFO
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2005-05-24$46.11/sh−50,000$2,305,500→ 0 totalExercise: $32.43Exp: 2014-02-04→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2005-05-24−35,000→ 0 total
Footnotes (3)
- [F1]Restricted shares. Each restricted share became fully vested and all restrictions relating to such shares lapsed at the effective time of the merger described in footnote 2 below.
- [F2]Disposed of pursuant to the Merger Agreement, dated as of February 27, 2005, and amended as of May 1, 2005, by and among the Issuer, Yellow Roadway Corporation ("Yellow Roadway") and Yankee II LLC, in exchange for (i) 11,054 shares of Yellow Roadway common stock having a market value of $52.93 per share as of May 23, 2005 ($585,088.22 on an aggregate basis) and (ii) a cash payment of $1,023,771.35.
- [F3]These options were canceled in the merger in exchange for a cash payment of $684,000.00.