Home/Filings/4/0001181431-07-031028
4//SEC Filing

HYDRIL CO 4

Accession 0001181431-07-031028

CIK 0001116030operating

Filed

May 8, 8:00 PM ET

Accepted

May 9, 4:27 PM ET

Size

17.2 KB

Accession

0001181431-07-031028

Insider Transaction Report

Form 4
Period: 2007-05-07
RUSSELL NEIL
Sr. VP-Prem. Conns./Busn Devel
Transactions
  • Disposition to Issuer

    Common Stock

    2007-05-07$97.00/sh6,050$586,8500 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$69.83/sh9,180$641,0850 total
    Exercise: $27.16Exp: 2013-06-01Common Stock (9,180 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$71.51/sh4,800$343,2480 total
    Exercise: $25.49Exp: 2012-05-21Common Stock (4,800 underlying)
  • Gift

    Restricted Stock Units

    2007-05-0215,0500 total
    Common Stock (15,050 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$68.21/sh12,240$834,8900 total
    Exercise: $28.79Exp: 2014-06-01Common Stock (12,240 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2007-05-07$77.72/sh6,000$466,3500 total
    Exercise: $19.27Exp: 2011-11-08Common Stock (6,000 underlying)
Footnotes (6)
  • [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]Common stock would have been issued pursuant to the vesting schedule under the agreements.
  • [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 15,300 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 15,300 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.

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, 4:27 PM ET
Size
17.2 KB