Tillett Sandra 4
4 · CHARLOTTE RUSSE HOLDING INC · Filed Oct 15, 2009
Insider Transaction Report
Form 4
Tillett Sandra
Executive VP, Store Operations
Transactions
- Disposition to Issuer
Common Stock
2009-10-14−11,500→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2009-10-14$6.95/sh−20,000$139,000→ 0 totalExercise: $10.55Exp: 2018-09-28→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock
2009-10-14−8,500→ 11,500 total - Disposition to Issuer
Stock Option (right to buy)
2009-10-14−10,000→ 0 totalExercise: $17.80Exp: 2018-06-02→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between the issuer and Advent CR Holdings, Inc. in exchange for $17.50 per share on October 14, 2009, the effective date of the merger.
- [F2]Disposed of pursuant to merger agreement between the issuer and Advent CR Holdings, Inc. in exchange for $17.50 per share on October 14, 2009, the effective date of the merger.
- [F3]This option, which originally provided for vesting in three equal annual installments from the date of grant and for which the vesting was accelerated in connection with the merger, was canceled in the merger in exchange for a cash payment of $139,000, representing the number of shares subject to the option multiplied by the difference between the exercise price per share of the option and $17.50.
- [F4]This option, which originally provided for vesting in three installments of 3,333 shares on each of June 2, 2009, June 2, 2010 and June 2, 2011, was canceled in the merger in exchange for a cash payment of $0, as the exercise price of the option exceeded $17.50 per share.