BROOKSTONE INC 4
4 · BROOKSTONE INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
BROOKSTONE INCBKST
SWEENEY GREGORY B
VP GMM Direct Marketing
Transactions
- Exercise/Conversion
Common Stock
2005-10-04+15,859→ 15,859 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−92,500$1,850,000→ 0 total - Exercise/Conversion
Common Stock
2005-10-04$4.54/sh+22,500$102,150→ 22,500 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−15,859$317,180→ 0 total - Disposition to Issuer
Deferred Stock
2005-10-04$20.00/sh−15,859$317,180→ 0 totalExercise: $0.00→ Common Stock (15,859 underlying) - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−22,500$450,000→ 0 totalExercise: $4.54→ Common Stock (22,500 underlying) - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−92,500$1,850,000→ 0 totalExercise: $6.33→ Common Stock (92,500 underlying) - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−2,791$55,820→ 0 total - Exercise/Conversion
Common Stock
2005-10-04$6.33/sh+92,500$585,525→ 92,500 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−22,500$450,000→ 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 $1,264,475.00 in cash, representing the difference between the exercise price and the merger considerations ($20.00-$6.33=$13.67) 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 $347,850.00 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 $317,180.00 in cash representing the difference between the exercise price and the merger consideration ($20.00-$0=$20.00) as a result of the merger.