BROOKSTONE INC 4
4 · BROOKSTONE INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
BROOKSTONE INCBKST
WINIECKI ALEXANDER M
EVP Store Operations
Transactions
- Exercise/Conversion
Common Stock
2005-10-04+20,431→ 20,431 total - Exercise/Conversion
Common Stock
2005-10-04$3.89/sh+27,250$106,003→ 27,250 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−27,250$545,000→ 0 total - Exercise/Conversion
Common Stock
2005-10-04$6.81/sh+56,250$383,063→ 56,250 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−15,022$300,440→ 0 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−20,431$408,620→ 0 total - Disposition to Issuer
Restricted/Deferred Shares
2005-10-04$20.00/sh−20,431$408,620→ 0 totalExercise: $0.00→ Common Stock (20,431 underlying) - Disposition to Issuer
Option to purchase common shares
2005-10-04$20.00/sh−56,250$1,125,000→ 0 totalExercise: $6.81→ Common Stock (56,250 underlying) - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−27,250$545,000→ 0 totalExercise: $3.89→ Common Stock (27,250 underlying) - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−56,250$1,125,000→ 0 total
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 $438,997.50 in cash, representing the difference between the exercise price and the merger considerations ($20.00-$3.89=$16.11) 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 $741,937.50 in cash, representing the difference between the exercise price and the merger considerations ($20.00-$6.81=$13.19) as a result of the merger.
- [F4]These shares were cancelled and converted into the right to receive $408,620.00 in cash representing the difference between the exercise price and the merger consideration ($20.00-$0=$20.00) as a result of the merger.