RESTORATION HARDWARE INC 4

Accession 0001181431-08-039816

CIK 0000863821operating

View on SEC.gov Company Profile

Filed

Jun 18, 8:00 PM ET

Accepted

Jun 19, 7:43 PM ET

Size

37.1 KB

Accession

0001181431-08-039816

Insider Transaction Report

Form 4

Period: 2008-06-17

RESTORATION HARDWARE INCRSTO

KREVLIN GLENN J

Director

Transactions

Disposition to Issuer
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$3.36/sh−13,196$44,339→ 0 total
Exercise: $1.14From: 2004-01-02Exp: 2013-01-02→ Common Stock (13,196 underlying)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17$0.64/sh−7,500$4,800→ 0 total
Exercise: $3.86From: 2004-07-17Exp: 2013-07-17→ Common Stock (7,500 underlying)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17$0.50/sh−7,000$3,500→ 0 total
Exercise: $4.00From: 2002-03-21Exp: 2011-03-21→ Common Stock (7,000 underlying)
Disposition to Issuer
Common Stock
2008-06-17$4.50/sh−3,632,533$16,346,399→ 0 total(indirect: See Footnote)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17$0.07/sh−4,000$280→ 0 total
Exercise: $4.43From: 2003-09-24Exp: 2012-09-24→ Common Stock (4,000 underlying)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17−15,000→ 0 total
Exercise: $6.69From: 2007-07-19Exp: 2016-07-19→ Common Stock (15,000 underlying)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17−3,500→ 0 total
Exercise: $7.95From: 2005-02-05Exp: 2014-02-05→ Common Stock (3,500 underlying)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17$2.93/sh−9,554$27,993→ 0 total
Exercise: $1.57From: 2005-01-02Exp: 2014-01-02→ Common Stock (9,554 underlying)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17−13,125→ 0 total
Exercise: $9.00From: 2006-07-20Exp: 2015-07-20→ Common Stock (13,125 underlying)
Exercise/Conversion
Restricted Stock Units
2008-06-17−7,500→ 0 total
Exercise: $4.50→ Common Stock (7,500 underlying)
Exercise/Conversion
Common Stock
2008-06-17+7,500→ 7,500 total
Disposition to Issuer
Common Stock
2008-06-17$4.50/sh−60,838$273,771→ 0 total
Disposition to Issuer
Common Stock
2008-06-17$4.50/sh−1,298,100$5,841,450→ 0 total(indirect: See Footnote)
Disposition to Issuer
Option to purchase Common Stock
2008-06-17$1.69/sh−891$1,506→ 0 total
Exercise: $2.81From: 2005-02-05Exp: 2014-02-05→ Common Stock (891 underlying)

Footnotes (12)

[F1]Disposed of in connection with the merger of Restoration Hardware, Inc. ("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. In connection with the Merger, the shares listed were exchanged for the right to receive $4.50 per share in cash.
[F10]The option was cancelled in the Merger in exchange for a cash payment of $4,800, representing the amount equal to the number of shares of Restoration common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $4.50.
[F11]The option was cancelled in the Merger in exchange for a cash payment of $27,993.22, representing the amount equal to the number of shares of Restoration common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $4.50.
[F12]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.
[F2]Disposed of in connection with the Merger. The shares listed were exchanged for an equity interest in Home Holdings.
[F3]The reporting person, Glenn J. Krevlin, is the managing member of Glenhill Advisors, LLC, a limited liability company that has investment control and owns a minority interest in various private investment funds, including Glenhill Capital LP, Glenhill Capital Overseas Master Fund, LP and Glenhill Concentrated Long Master Fund LLC, which collectively own the reported securities. Mr. Krevlin disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
[F4]Each restricted stock unit represents a contingent right to receive one share of Restoration common stock.
[F5]The option was cancelled in the Merger for no consideration.
[F6]The option was cancelled in the Merger in exchange for a cash payment of $3,500, representing the amount equal to the number of shares of Restoration common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $4.50.
[F7]The option was cancelled in the Merger in exchange for a cash payment of $1505.79, representing the amount equal to the number of shares of Restoration common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $4.50.
[F8]The option was cancelled in the Merger in exchange for a cash payment of $280, representing the amount equal to the number of shares of Restoration common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $4.50.
[F9]The option was cancelled in the Merger in exchange for a cash payment of $15,043.44, representing the amount equal to the number of shares of Restoration common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $4.50.

Documents

1 file

4
rrd211322.xmlPrimary
FORM 4

Issuer

RESTORATION HARDWARE INC

CIK 0000863821

→

Entity typeoperating

IncorporatedCA

Related Parties

filerCIK 0000863821

Filing Metadata

Form type: 4
Filed: Jun 18, 8:00 PM ET
Accepted: Jun 19, 7:43 PM ET
Size: 37.1 KB

View on SEC.gov