COMMONWEALTH TELEPHONE ENTERPRISES INC /NEW/ 4
4 · COMMONWEALTH TELEPHONE ENTERPRISES INC /NEW/ · Filed Mar 12, 2007
Insider Transaction Report
Form 4
CAWLEY DONALD P
EVP, Chief Acctg Off & Treas.
Transactions
- Disposition to Issuer
Common Stock
2007-03-08$42.69/sh−87,129$3,719,537→ 0 total - Disposition to Issuer
Stock Options
2007-03-08$17.31/sh−13,420$232,300→ 0 totalExercise: $25.38Exp: 2011-03-02→ Common Stock (13,420 underlying) - Disposition to Issuer
Common Stock
2007-03-08$42.48/sh−15,379$653,300→ 0 total - Disposition to Issuer
Stock Options
2007-03-08$2.22/sh−13,409$29,768→ 0 totalExercise: $40.47Exp: 2010-02-07→ Common Stock (13,409 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger among the issuer, Citizens Communications Company and CF Merger Corp. (the "Merger Agreement") in exchange for the merger consideration as determined pursuant to the Merger Agreement.
- [F2]Represents Employee Stock Purchase Plan Share Units (ESPP) and Restricted Share Units (RSU) which were all disposed of pursuant to the Merger Agreement for a per unit cash payment determined pursuant to the Merger Agreement (the "Equity Cash-Out Price").
- [F3]Non-applicable.
- [F4]This option was disposed of pursuant to the Merger Agreement in exchange for the Equity Cash-Out Price minus the exercise price.