STOOPS JOHN A 4
4 · ICT GROUP INC · Filed Feb 4, 2010
Insider Transaction Report
Form 4
ICT GROUP INCICTG
STOOPS JOHN A
Director
Transactions
- Disposition to Issuer
Common Stock
2010-02-02$15.38/sh−3,750$57,675→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-02-02−2,500→ 0 totalExercise: $20.27Exp: 2012-05-21→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-02-02−500→ 0 totalExercise: $16.45Exp: 2011-05-22→ Common Stock (500 underlying)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") owned by the reporting person at the effect time of the merger. On prior Form 4 filings, all RSUs were reported in Table I and combined with the shares of common stock held by the reporting person when reporting beneficial ownership in column 5.
- [F2]Pursuant to the terms of the Merger Agreement, at the effective time of the merger these RSUs became fully vested and were canceled in exchange for $15.38 in cash per unit.
- [F3]Pursuant to the terms of the Merger Agreement, this option, which had an exercise price greater than the merger consideration of $15.38, was canceled without payment at the effective time of the merger.