BROOKSTONE INC 4
4 · BROOKSTONE INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
BROOKSTONE INCBKST
WOODARD M RUFUS JR
VP & GMM Merchandising
Transactions
- Exercise/Conversion
Common Stock
2005-10-04$6.11/sh+4,500$27,495→ 4,500 total - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−59,062$1,181,240→ 0 totalExercise: $4.54→ Common stock (59,062 underlying) - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−5,389$107,780→ 0 total - Exercise/Conversion
Common Stock
2005-10-04$4.54/sh+59,062$268,141→ 59,062 total - Disposition to Issuer
Common stock
2005-10-04$20.00/sh−16,282$325,640→ 0 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−4,500$90,000→ 0 total - Disposition to Issuer
Restricted/Deferred Shares
2005-10-04$20.00/sh−16,282$325,640→ 0 totalExercise: $0.00→ Common stock (16,282 underlying) - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−59,062$1,181,240→ 0 total - Exercise/Conversion
Common Stock
2005-10-04+16,282→ 16,282 total - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−4,500$90,000→ 0 totalExercise: $6.11→ Common stock (4,500 underlying)
Footnotes (4)
- [F1]In connection with the merger of Brookstone Holdings Corp. with and into the issuer, shares of the issuer's common stock were cancelled in the merger for $20 per share.
- [F2]These options fully vested as of October 04, 2005 and were cancelled and converted into the right to receive $62,505.00 in cash, representing the difference between the exercise price and the merger considerations ($20.00-$6.11=$13.89) as a result of the merger.
- [F3]These options fully vested as of October 04, 2005 and were cancelled and converted into the right to receive $913,098.52 in cash, representing the difference between the exercise price and the merger considerations ($20.00-$4.54=$15.46) as a result of the merger.
- [F4]These shares were cancelled and converted into the right to receive $325,640.00 in cash representing the difference between the exercise price and the merger consideration ($20.00-$0=$20.00) as a result of the merger.