Harris James L 4
4 · DIEDRICH COFFEE INC · Filed May 12, 2010
Insider Transaction Report
Form 4
Harris James L
Vice President - Sales
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2010-05-11$35.00/sh−20,000$700,000→ 0 totalExercise: $2.32Exp: 2018-06-09→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]This option grant provided for the option to vest and become exercisable in three equal installments on each of the first three anniversary dates of June 9, 2008.
- [F2]Pursuant to the Agreement and Plan of Merger (the "Agreement"), dated as of December 7, 2009, by and among the issuer, Green Mountain Coffee Roasters, Inc. and Pebbles Acquisition Sub, Inc. ("Purchaser"), at the time Purchaser accepted shares for payment pursuant to the offer contemplated by the Agreement, this option was canceled and, in exchange, the holder will receive an amount in cash equal to the excess of $35.00 over the exercise price per share of such option, multiplied by the number of shares underlying such option, subject to the vesting terms previously applicable to such option.