Rosten James A. 4
4 · Kennedy-Wilson Holdings, Inc. · Filed Dec 3, 2009
Insider Transaction Report
Form 4
Rosten James A.
Pres of Kennedy-Wilson Prop
Transactions
- Award
Common Stock
2009-11-13+261,540→ 286,540 total - Sale
Common Stock
2009-11-13$9.90/sh−22,000$217,800→ 264,540 total - Sale
Common Stock
2009-11-16$9.84/sh−3,000$29,531→ 261,540 total
Holdings
- 25,000(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]In connection with the merger (the "Merger") of KW Merger Sub Corp., a wholly owned subsidiary of Prospect Acquisition Corp. ("Prospect"), with and into Kennedy-Wilson, Inc. ("Kennedy-Wilson") the reporting person: (a) was granted 77,344 shares of Prospect restricted stock and (b) received 184,196 shares of Prospect common stock received in exchange for (i) 40,100 shares of Kennedy-Wilson common stock at an exchange ratio of 3.8031 shares of Prospect common stock for 1 share of Kennedy-Wilson common stock and (ii) 300 shares of Kennedy-Wilson Series A Preferred Stock at an exchange ratio of 105.6412 shares of Prospect common stock for 1 share of Kennedy-Wilson Series A Preferred Stock. On the effective date of the Merger, November 13, 2009, the closing price of Kennedy-Wilson's common stock was $37.10 per share and the closing price of Prospect's common stock was $9.85 per share.
- [F2]The reporting person is a general partner of the partnership, which owns 500,000 shares of common stock of the issuer. The reporting person holds a 5% interest in the partnership.