BARE ESCENTUALS INC 4
4 · BARE ESCENTUALS INC · Filed Mar 15, 2010
Insider Transaction Report
Form 4
HAMLIN JOHN S
Director
Transactions
- Disposition to Issuer
Restricted Stock Unit (Right to Acquire)
2010-03-12$18.20/sh−6,501$118,318→ 0 total→ Common Stock (6,501 underlying) - Disposition to Issuer
Common Stock
2010-03-12−75,301→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, 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 restricted shares, which were outstanding and unexercised immediately prior to the effective time of the Merger (the "Effective Time"), accelerated and became vested at the Effective Time and were immediately canceled, terminated and converted into the right to receive cash consideration equal to $18.20 per share.
- [F2]These restricted stock units, 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 $118,318.20, representing the number of shares of the Company's common stock underlying such units multiplied by the merger consideration of $18.20 per share.