4//SEC Filing
COPELAND DENNIS 4
Accession 0001181431-09-015532
CIK 0000922863other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 2:30 PM ET
Size
10.5 KB
Accession
0001181431-09-015532
Insider Transaction Report
Form 4
COPELAND DENNIS
Senior Vice President
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2009-03-11−85,000→ 0 totalExercise: $17.00Exp: 2013-11-12→ Common Stock (85,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-03-11−12,500→ 0 totalExercise: $13.06Exp: 2017-01-03→ Common Stock (12,500 underlying) - Award
Employee Stock Option (right to buy)
2009-03-11+34,750→ 34,750 totalExercise: $1.25Exp: 2019-03-11→ Common Stock (34,750 underlying)
Footnotes (4)
- [F1]On March 11, 2009, Quality Distribution, Inc. (the ?Company?) canceled an option to purchase 85,000 shares of Common Stock of the Company granted to Mr. Copeland on November 13, 2003, and an option to purchase 12,500 shares of Common Stock of the Company granted to Mr. Copeland on January 3, 2007. In exchange, Mr. Copeland received a replacement option to purchase 34,750 shares of Common Stock of the Company with an exercise price equal to the closing market price of the underlying stock on March 11, 2009.
- [F2]The canceled option provided for vesting in four equal annual installments beginning on November 14, 2004.
- [F3]50% of the cancelled options were to vest on January 3, 2010, and 50% of the cancelled options were to vest on January 3, 2011.
- [F4]The option vests in four equal annual installments beginning on March 11, 2010.
Issuer
QUALITY DISTRIBUTION INC
CIK 0000922863
Entity typeother
Related Parties
1- filerCIK 0001268484
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 2:30 PM ET
- Size
- 10.5 KB