Chechile Deanna 4
4 · BARE ESCENTUALS INC · Filed Mar 15, 2010
Insider Transaction Report
Form 4
Chechile Deanna
VP, General Counsel
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12−30,000→ 0 totalExercise: $39.56Exp: 2017-04-22→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12−10,000→ 0 totalExercise: $24.34Exp: 2015-03-11→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-03-12$13.90/sh−30,000$417,000→ 0 totalExercise: $4.30Exp: 2015-12-21→ Common Stock (30,000 underlying)
Footnotes (3)
- [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 options, 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 and terminated.
- [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 and terminated.
- [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, terminated and converted into the right to receive a cash payment of $417,000.00, 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.