SIZELER PROPERTY INVESTORS INC 4
4 · SIZELER PROPERTY INVESTORS INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
MCFARLAND JAMES
Director
Transactions
- Disposition to Issuer
Common Stock, $0.0001 par value
2006-11-10$15.10/sh−27,181$410,433→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2006-11-10$4.10/sh−2,000$8,200→ 0 totalExercise: $11.00Exp: 2008-02-03→ Common Stock (2,000 underlying) - 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]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 $8,200.00, representing the difference between the exercise price of the options and $15.10.
- [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.