SIZELER PROPERTY INVESTORS INC 4
4 · SIZELER PROPERTY INVESTORS INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
Cheramie Guy M
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock $0.0001 par value
2006-11-10$15.10/sh−8,136$122,854→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-10$5.51/sh−1,000$5,510→ 0 totalExercise: $9.59Exp: 2012-03-14→ Common Stock (1,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]Includes 6,800 shares of restricted stock granted under the Company's 1996 Stock Option and Incentive Plan. Also includes an additional 9.7284 shares acquires under the Company's Dividend Reinvestment Plan.
- [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 $5,510.00, representing the difference between the exercise price of the options and $15.10.