4//SEC Filing
MCCORMICK MYLES B 4
Accession 0001181431-10-016217
CIK 0001295557other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 9:26 AM ET
Size
20.6 KB
Accession
0001181431-10-016217
Insider Transaction Report
Form 4
MCCORMICK MYLES B
EVP, CFO, COO
Transactions
- Disposition to Issuer
Common Stock
2010-03-12$18.20/sh−25$455→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12$13.90/sh−125,000$1,737,500→ 0 totalExercise: $4.30Exp: 2015-12-21→ Common Stock (125,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12−50,000→ 0 totalExercise: $24.34Exp: 2015-03-11→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12$9.33/sh−81,373$759,454→ 0 totalExercise: $8.87Exp: 2016-06-29→ Common Stock (81,373 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12$15.81/sh−33,106$523,571→ 0 totalExercise: $2.38Exp: 2015-12-12→ Common Stock (33,106 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12$17.56/sh−76,800$1,348,301→ 0 totalExercise: $0.64Exp: 2015-04-03→ Common Stock (76,800 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12$17.73/sh−360,000$6,384,600→ 0 totalExercise: $0.47Exp: 2014-12-29→ Common Stock (360,000 underlying)
Footnotes (7)
- [F1]Pursuant to the Merger Agreement, dated January 14, 2010, by and among Shiseido Company, Limited, Blush Acquisition Corporation ("Purchaser") and Bare Escentuals, Inc. (the "Company"), Purchaser merged with and into the Company on March 12, 2010 (the "Merger"). In connection with the Merger, these shares, which were outstanding immediately prior to the effective time of the Merger (the "Effective Time"), were immediately canceled and converted at the Effective Time into the right to receive cash consideration equal to $18.20 per share.
- [F2]These options, which were outstanding and unexercised immediately prior to the Effective Time, accelerated and became vested at the Effective Time and were immediately canceled, terminated and converted into the right to receive a cash payment of $1,737,500.00, representing (a) the difference between the exercise price of the option and the merger consideration of $18.20 per share multiplied by (b) the number of shares subject to the option.
- [F3]These options, which were outstanding and unexercised immediately prior to the Effective Time, accelerated and became vested at the Effective Time and were immediately canceled and terminated.
- [F4]These options, which were outstanding and unexercised immediately prior to the Effective Time, accelerated and became vested at the Effective Time and were immediately canceled, terminated and converted into the right to receive a cash payment of $759,454.21, representing (a) the difference between the exercise price of the option and the merger consideration of $18.20 per share multiplied by (b) the number of shares subject to the option.
- [F5]These options, which were outstanding and unexercised immediately prior to the Effective Time, accelerated and became vested at the Effective Time and were immediately canceled, terminated and converted into the right to receive a cash payment of $523,571.39, representing (a) the difference between the exercise price of the option and the merger consideration of $18.20 per share multiplied by (b) the number of shares subject to the option.
- [F6]These options, which were outstanding and unexercised immediately prior to the Effective Time, accelerated and became vested at the Effective Time and were immediately canceled, terminated and converted into the right to receive a cash payment of $1,348,300.80, representing (a) the difference between the exercise price of the option and the merger consideration of $18.20 per share multiplied by (b) the number of shares subject to the option.
- [F7]These options, which were outstanding and unexercised immediately prior to the Effective Time, accelerated and became vested at the Effective Time and were immediately canceled, terminated and converted into the right to receive a cash payment of $6,384,600.00, representing (a) the difference between the exercise price of the option and the merger consideration of $18.20 per share multiplied by (b) the number of shares subject to the option.
Documents
Issuer
BARE ESCENTUALS INC
CIK 0001295557
Entity typeother
Related Parties
1- filerCIK 0001200506
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 9:26 AM ET
- Size
- 20.6 KB