Peden Eugene A 4
4 · PECO II INC · Filed Apr 20, 2010
Insider Transaction Report
Form 4
PECO II INC(PIII)
Peden Eugene A
Sr. Vice President/Operations
Transactions
- Disposition to Issuer
Common Stock, without par value
2010-04-16$5.86/sh−8,165$47,847→ 0 total - Disposition to Issuer
Non-qualified stock options (right to buy)
2010-04-16−20,000→ 0 totalExercise: $8.00Exp: 2013-01-01→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to an Agreement and Plan of amerger 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 options which provided for vesting of 40% on the 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.