RESTORATION HARDWARE INC 4
4 · RESTORATION HARDWARE INC · Filed Jun 19, 2008
Insider Transaction Report
Form 4
YOUNG T MICHAEL
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2008-06-17−7,500→ 0 totalExercise: $4.50→ Common Stock (7,500 underlying) - Disposition from Tender
Common Stock
2008-06-17$4.50/sh−7,500$33,750→ 0 total - Disposition to Issuer
Option to purchase Common Stock
2008-06-17−15,000→ 0 totalExercise: $5.41From: 2005-03-10Exp: 2015-03-10→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2008-06-17+7,500→ 7,500 total
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Restoration Hardware, Inc. ("Restoration") common stock.
- [F2]Disposed of in connection with the merger of Restoration with and into Home Holdings LLC ("Home Holdings"), effective June 17, 2008 (the "Merger"), pursuant to the Agreement and Plan of Merger dated as of November 8, 2007, among Restoration, Home Holdings and Home Merger Sub, Inc., as amended by the First Amendment thereto dated as of January 24, 2008. The option was cancelled in the Merger for no consideration.
- [F3]In connection with the Merger, these Restricted Stock Units vested and were automatically converted into the right to receive $4.50 per share in cash.