LEDECKY JONATHAN J 4
4 · SCHOOL SPECIALTY INC · Filed Jun 22, 2010
Insider Transaction Report
Form 4
LEDECKY JONATHAN J
Director
Transactions
- Exercise/Conversion
Non-Qualified STock Option (right to buy)
2010-06-18$20.15/sh−15,000$302,250→ 0 totalExercise: $16.06From: 2001-06-20Exp: 2010-06-20→ Common Stock (15,000 underlying) - Tax Payment
Common Stock
2010-06-18$20.15/sh−11,957$240,934→ 505,467 total - Exercise/Conversion
Common Stock
2010-06-18$16.06/sh+15,000$240,938→ 517,424 total
Footnotes (2)
- [F1]Shares vest as follows: 20% on first anniversary of grant, 30% on second anniversary of grant and 50% on third anniversary of grant.
- [F2]Disposition to issuer in connection with net exercise of a portion of the option.