SIZELER PROPERTY INVESTORS INC 4
4 · SIZELER PROPERTY INVESTORS INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
PEARLSTONE RICHARD
Director
Transactions
- Disposition to Issuer
Stock options (Right to Buy)
2006-11-10$6.10/sh−6,000$36,600→ 0 totalExercise: $9.00Exp: 2009-05-06→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock, $0.0001 par value
2006-11-10$15.10/sh−24,000$362,400→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock, $0.0001 par value
2006-11-10$15.10/sh−27,348$412,955→ 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$7.10/sh−5,000$35,500→ 0 totalExercise: $8.00Exp: 2010-02-02→ Common Stock (5,000 underlying)
Footnotes (8)
- [F1]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 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 $12,638.00, 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 $36,600.00, 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 $35,500.00, 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 $33,150.00, 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 $27,550.00, representing the difference between the exercise price of the options and $15.10.
- [F7]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.
- [F8]Mr. Pearlstone shares voting and investment power over 12,000 shares as co-trustee of certain trusts and has an economic interest in another 12,000 shares as the beneficiary of certain trusts.