Heindel John Gerard 4
4 · PECO II INC · Filed Apr 20, 2010
Insider Transaction Report
Form 4
PECO II INC(PIII)
Heindel John Gerard
DirectorChairman, Pres, CEO, CFO,Treas
Transactions
- Disposition to Issuer
Common Stock, without par value
2010-04-16$5.86/sh−92,764$543,597→ 0 total - Disposition to Issuer
Non-qualified Stock Option (right-to-buy)
2010-04-16−50,000→ 0 totalExercise: $10.70Exp: 2010-07-28→ Common Stock (50,000 underlying) - Disposition to Issuer
Non-qualified Stock Option (right-to-buy)
2010-04-16−20,000→ 0 totalExercise: $7.50Exp: 2013-01-03→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger among the Issuer and Lineage Power Holdings, Inc. and Lineage Power Ohio Merger Sub, Inc. (the"Merger Agreement") in exchange for $5.86 in cash for each share of Common Stock.
- [F2]This option which provided for vesting of 30% on the date of grant, 40% on the first anniversary of the date of grant and 30% on the second anniversary of the date of grant, was camcelled pursuant to the terms of the Merger Agreement.
- [F3]This option which provided for vesting of 40% on the first anniversary of the date of grant and 30% on eachthe first anniversary of the date of grant and 30% on each of the second and third anniversaries of the date of grant, was cancelled pursuant to the terms of the Merger Agreement.