BROOKSTONE INC 4
4 · BROOKSTONE INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
BROOKSTONE INCBKST
ROIZIN PHILIP
EVP Finance & CFO
Transactions
- Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−40,575$811,500→ 0 totalExercise: $4.47→ Common Stock (40,575 underlying) - Exercise/Conversion
Common Stock
2005-10-04$4.47/sh+40,575$181,370→ 40,575 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−40,575$811,500→ 0 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−15,022$300,440→ 0 total - Exercise/Conversion
Common Stock
2005-10-04$6.81/sh+112,500$766,125→ 112,500 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−24,756$495,120→ 0 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−112,500$2,250,000→ 0 total - Disposition to Issuer
Restricted/Deferred Stock
2005-10-04$20.00/sh−24,756$495,120→ 0 totalExercise: $0.00→ Common Stock (24,756 underlying) - Exercise/Conversion
Common Stock
2005-10-04+24,756→ 24,756 total - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−112,500$2,250,000→ 0 totalExercise: $6.81→ Common Stock (112,500 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 $630,129.75 in cash, representing the difference between the exercise price and the merger considerations ($20.00-$4.47=$15.53) 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 $1,483,875.00 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 $495,120.00 in cash representing the difference between the exercise price and the merger consideration ($20.00-$0=$20.00) as a result of the merger.