JOHNSON W BRUCE 4
4 · SEARS HOLDINGS CORP · Filed May 21, 2010
Insider Transaction Report
Form 4
JOHNSON W BRUCE
Interim CEO
Transactions
- Sale
Common Stock
2010-05-21$88.50/sh−2,500$221,250→ 64,107 total - Purchase
Common Stock
2010-05-21$88.46/sh+2,500$221,150→ 66,607 total
Holdings
- 1,834(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]In order to facilitate financial planning objectives, the Reporting Person contemporaneously (1) sold 2,500 shares of Issuer common stock in the open market (the "Sold Shares"), and (2) directed the purchase in the open market of 2,500 shares of Issuer common stock by an individual retirement account (IRA) maintained by him (the "Purchased Shares"). Pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, the Reporting Person paid the Issuer $111.93, which represents the full amount by which the aggregate sale price of the Sold Shares exceeds the aggregate purchase price of the Purchased Shares.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.45 to $88.59, inclusive. The Reporting Person undertakes to provide to Sears Holdings Corporation, any security holder of Sears Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) and the number of shares purchased at each separate price within the ranges in footnote (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $88.38 to $88.53, inclusive.