Home/Filings/4/0001181431-07-030961
4//SEC Filing

HYDRIL CO 4

Accession 0001181431-07-030961

CIK 0001116030operating

Filed

May 8, 8:00 PM ET

Accepted

May 9, 3:15 PM ET

Size

21.7 KB

Accession

0001181431-07-030961

Insider Transaction Report

Form 4
Period: 2007-05-07
JONES CHARLES E
Exec. VP & COO
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$68.21/sh22,300$1,521,0830 total
    Exercise: $28.79Exp: 2014-06-01Common Stock (22,300 underlying)
  • Disposition to Issuer

    Common Stock

    2007-05-07$97.00/sh708$68,6760 total(indirect: By Spouse)
  • Disposition to Issuer

    Common Stock

    2007-05-07$97.00/sh7,280$706,1600 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$69.83/sh8,000$558,6800 total
    Exercise: $27.16Exp: 2013-06-01Common Stock (8,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2007-05-07$97.00/sh20,850$2,022,4500 total
    Common Stock (20,850 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$80.00/sh118$9,4400 total
    Exercise: $17.00Exp: 2010-09-26Common Stock (118 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$71.51/sh7,200$514,8720 total
    Exercise: $25.49Exp: 2012-05-21Common Stock (7,200 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$77.72/sh6,812$529,4630 total
    Exercise: $19.27Exp: 2011-11-08Common Stock (6,812 underlying)
Footnotes (8)
  • [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 options to purchase 30,000 shares of common stock on September 26, 2000, which became exercisable in five equal installments beginning September 26, 2001. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $80.00 per share, representing the difference between $97.00 and the exercise price of the option.
  • [F3]The reporting person was granted options to purchase 30,000 shares of common stock on November 8, 2001, which became exercisable in five equal installments beginning November 8, 2002. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $77.725 per share, representing the difference between $97.00 and the exercise price of the option.
  • [F4]The reporting person was granted options to purchase 12,000 shares of common stock on May 21, 2002, which became exercisable in five equal installments beginning May 21, 2003. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $71.51 per share, representing the difference between $97.00 and the exercise price of the option.
  • [F5]The reporting person was granted options to purchase 10,000 shares of common stock on June 1, 2003, which became exercisable in five equal installments beginning June 1, 2004. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $69.835 per share, representing the difference between $97.00 and the exercise price of the option.
  • [F6]The reporting person was granted options to purchase 22,300 shares of common stock on June 1, 2004, which became exercisable in five 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.
  • [F7]The reporting person was granted 8,200, 8,200, and 4,450 restricted stock units on June 1, 2004, 2005 and 2006, respectively. The units vest 60% on the third anniversary of the date of grant and 20% on each of the fourth and fifth anniversary of the date of grant. The unvested portion of these units was cancelled pursuant to the merger in exchange for $97.00 per unit.
  • [F8]None.

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, 3:15 PM ET
Size
21.7 KB