4//SEC Filing
HYDRIL CO 4
Accession 0001181431-07-031186
CIK 0001116030operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 5:59 PM ET
Size
22.7 KB
Accession
0001181431-07-031186
Insider Transaction Report
Form 4
HYDRIL COHYDL
SEAVER CHRISTOPHER T
Pres./CEO & a Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$71.51/sh−2,077$148,526→ 0 totalExercise: $25.49Exp: 2012-05-21→ Common Stock (2,077 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$69.83/sh−10,319$720,627→ 0 totalExercise: $27.16Exp: 2013-06-01→ Common Stock (10,319 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$68.21/sh−21,300$1,452,873→ 0 totalExercise: $28.79Exp: 2014-06-01→ Common Stock (21,300 underlying) - Disposition to Issuer
Restricted Stock Units
2007-05-07$97.00/sh−40,950$3,972,150→ 0 total→ Common Stock (40,950 underlying) - Disposition to Issuer
Class B Common Stock
2007-05-07$97.00/sh−79,000$7,663,000→ 0 total→ Common Stock (79,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$67.12/sh−3,681$247,063→ 0 totalExercise: $29.88Exp: 2008-06-01→ Common Stock (3,681 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$68.96/sh−3,923$270,530→ 0 totalExercise: $28.04Exp: 2007-05-21→ Common Stock (3,923 underlying) - Disposition to Issuer
Common Stock
2007-05-07$97.00/sh−35,056$3,400,432→ 0 total
Footnotes (10)
- [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.
- [F10]There is no applicable expiration date for the Class B Common stock.
- [F2]The reporting person was granted options to purchase 3,923 shares of common stock on May 21, 2002, which became exercisable in five equal installments beginning May 21, 2003. The unvested portion of these options were cancelled in the merger in exchange for a payment of $68.96 per share, representing the difference between $97.00 and the exercise price of the option.
- [F3]The reporting person was granted options to purchase 26,077 shares of common stock on May 21, 2002, which became exercisable in five equal installments beginning May 21, 2003. The unvested 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.
- [F4]The reporting person was granted options to purchase 3,681 shares of common stock on June 1, 2003, which became exercisable in five equal installments beginning June 1, 2004. The unvested portion of these options were cancelled in the merger in exchange for a payment of $67.1185 per share, representing the difference between $97.00 and the exercise price of the option.
- [F5]The reporting person was granted options to purchase 31,319 shares of common stock on June 1, 2003, which became exercisable in five equal installments beginning June 1, 2004. The unvested 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 35,500 shares of common stock on June 1, 2004, which became exercisable in five equal installments beginning June 1, 2005. The unvested 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 13,000, 15,600, 13,000, and 7,150 restricted stock units on June 1, 2003, 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.
- [F9]Class B Common stock is convertible at any time by the holder for an equivalent number of shares of Common stock on a one-for-one basis. These shares were disposed of pursuant to the merger agreement between the issuer and Tenaris S.A. in exchange for a payment of $97.00 per share.
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, 5:59 PM ET
- Size
- 22.7 KB