SIZELER PROPERTY INVESTORS INC 4
4 · SIZELER PROPERTY INVESTORS INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
MASILLA THOMAS A JR
DirectorPresident
Transactions
- Disposition to Issuer
Common Stock $0.0001 par value
2006-11-10$15.10/sh−49,199$742,905→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-10$7.10/sh−19,001$134,907→ 0 totalExercise: $8.00Exp: 2010-02-02→ Common Stock (19,001 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-10$6.72/sh−20,000$134,500→ 0 totalExercise: $8.38Exp: 2009-02-04→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-10$4.85/sh−30,000$145,500→ 0 totalExercise: $10.25Exp: 2007-01-29→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-10$6.63/sh−25,000$165,750→ 0 totalExercise: $8.47Exp: 2011-02-07→ Common Stock (25,000 underlying) - Disposition to Issuer
Common Stock $0.0001 par value
2006-11-10$15.10/sh−20,621$311,377→ 0 total(indirect: By Trust)
Footnotes (8)
- [F1]Includes 13,200 shares of restricted stock under the Company's 1996 Stock Option and Incentive Plan.
- [F2]Disposed of pursuant to a merger agreement by and among the issuer, Revenue Properties Company Limited ("Acquiror") and Revenue Properties (Sizeler) Inc., an indirect wholly-owned subsidiary of Acquiror, in exchange for a cash payment of $15.10 per share.
- [F3]These options, which are fully vested, were canceled in the merger of a wholly-owned subsidiary of Revenue Properties Company Limited with and into the issuer in exchange for a cash payment of $145,500.00, representing the difference between the exercise price of the options and $15.10.
- [F4]These options, which are fully vested, were canceled in the merger of a wholly-owned subsidiary of Revenue Properties Company Limited with and into the issuer in exchange for a cash payment of $123,000.00, representing the difference between the exercise price of the options and $15.10.
- [F5]These options, which are fully vested, were canceled in the merger of a wholly-owned subsidiary of Revenue Properties Company Limited with and into the issuer in exchange for a cash payment of $134,500.00, representing the difference between the exercise price of the options and $15.10.
- [F6]These options, which are fully vested, were canceled in the merger of a wholly-owned subsidiary of Revenue Properties Company Limited with and into the issuer in exchange for a cash payment of $134,907.00, representing the difference between the exercise price of the options and $15.10.
- [F7]These options, which are fully vested, were canceled in the merger of a wholly-owned subsidiary of Revenue Properties Company Limited with and into the issuer in exchange for a cash payment of $165,750.00, representing the difference between the exercise price of the options and $15.10.
- [F8]These options, which are fully vested, were canceled in the merger of a wholly-owned subsidiary of Revenue Properties Company Limited with and into the issuer in exchange for a cash payment of $137,750.00, representing the difference between the exercise price of the options and $15.10.