Robinson Paul M 4
4 · Warner Music Group Corp. · Filed Jul 22, 2011
Insider Transaction Report
Form 4
Robinson Paul M
EVP & General Counsel
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$2.37/sh−300,000$711,000→ 0 totalExercise: $5.88→ Common Stock, par value $0.001 (300,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20−100,000→ 0 totalExercise: $10.85→ Common Stock, par value $0.001 (100,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$2.05/sh−28,467$58,357→ 0 totalExercise: $6.20→ Common Stock, par value $0.001 (28,467 underlying)
Footnotes (2)
- [F1]Disposition in connection with the merger (the "Merger") of Airplanes Merger Sub, Inc. with and into Warner Music Group Corp., exempt pursuant to Rule 16-3, in which all options were cancelled in exchange for a cash payment equal to the excess, if any, of $8.25 over the exercise price.
- [F2]All options became vested and were cancelled upon consummation of the Merger.