BROOKSTONE INC 4
4 · BROOKSTONE INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
BROOKSTONE INCBKST
LAMBERT CAROL A
VP of HUMAN RESOURCES
Transactions
- Exercise/Conversion
Common Stock
2005-10-04+12,378→ 12,378 total - Exercise/Conversion
Common Stock
2005-10-04$6.81/sh+29,274$199,356→ 29,274 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−7,143$142,860→ 0 total - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−29,274$585,480→ 0 total - Disposition to Issuer
Option to purchase common stock
2005-10-04$20.00/sh−29,274$585,480→ 0 totalExercise: $6.81→ Common Stock (29,274 underlying) - Disposition to Issuer
Restricted/Deferrd Stock
2005-10-04$20.00/sh−12,378$247,560→ 0 totalExercise: $0.00→ Common Stock (12,378 underlying) - Disposition to Issuer
Common Stock
2005-10-04$20.00/sh−12,378$247,560→ 0 total
Footnotes (3)
- [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 $386,124.06 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.
- [F3]These shares were cancelled and converted into the right to receive $247,560.00 in cash representing the difference between the exercise price and the merger consideration ($20.00-$0=$20.00) as a result of the merger.