LEARNING CARE GROUP, INC·4

Jan 12, 3:48 PM ET

SHEVACK BRETT D 4

4 · LEARNING CARE GROUP, INC · Filed Jan 12, 2006

Insider Transaction Report

Form 4
Period: 2006-01-10
Transactions
  • Other

    Director Stock Option - Right to Purchase

    2006-01-10$5.38/sh7,500$40,3500 total
    Exercise: $2.12Exp: 2008-08-02Common Stock (7,500 underlying)
  • Other

    Director Stock Option - Right to Purchase

    2006-01-10$1.92/sh2,500$4,8000 total
    Exercise: $5.58Exp: 2010-08-17Common Stock (2,500 underlying)
Footnotes (1)
  • [F1]Pursuant to an Agreement and Plan of Merger, dated as of November 15, 2005, among the Issuer, A.B.C. Learning Centres Limited and Discovery Merger Company, at the effective time of the merger, each outstanding option to purchase shares of the Issuer's Common Stock having an exercise price per share less than $7.50 was converted into the right to receive an amount in cash equal to the product of (i) the total number of shares subject to the option multiplied by (ii) $7.50, minus the exercise price per share under such option, subject to withholding taxes.

Documents

2 files