4//SEC Filing
HYDRIL CO 4
Accession 0001181431-07-030928
CIK 0001116030operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 2:51 PM ET
Size
9.9 KB
Accession
0001181431-07-030928
Insider Transaction Report
Form 4
HYDRIL COHYDL
WARD LEW O
Director
Transactions
- Disposition to Issuer
Deferred Share Units
2007-05-07$97.00/sh−6,500$630,500→ 0 total→ Common Stock (6,500 underlying) - Disposition to Issuer
Employee stock optoin (right to buy)
2007-05-07$68.21/sh−1,001$68,278→ 0 totalExercise: $28.79Exp: 2014-06-01→ Common Stock (1,001 underlying) - Disposition to Issuer
Common Stock
2007-05-07$97.00/sh−16,347$1,585,659→ 0 total
Footnotes (3)
- [F1]Pursuant to a merger agreement between the issuer and Tenaris S.A., these shares were disposed of for $97.00 per share at the effective time of the merger.
- [F2]The reporting person was granted 2,500, 2,000 and 2,000 deferred share units on June 1, 2004, 2005 and 2006, respectively. The deferred share units were to vest and become payable in full on the third anniversary of the grant date. Upon vesting, the deferred share units are settled in cash at the fair market value of the common stock on a one-for-one basis. The units were cancelled pursuant to the merger between the issuer and Tenaris, S.A. in exchange for a payment of $97.00 per unit.
- [F3]The reporting person was granted options to purchase 3,000 shares of common stock on June 1, 2004, which became exercisable in three equal installments beginning June 1, 2005. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $68.21 per share, representing the difference between $97.00 and the exercise price of the options.
Documents
Issuer
HYDRIL CO
CIK 0001116030
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001116030
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 2:51 PM ET
- Size
- 9.9 KB