NICOR INC 4
4 · NICOR INC · Filed Dec 13, 2011
Insider Transaction Report
Form 4
NICOR INCGAS
RUSCHAU DOUGLAS M
VP and Treasurer
Transactions
- Disposition to Issuer
Restricted Stock Units
2011-12-09−4,740→ 0 total→ Common Stock (4,740 underlying)
Footnotes (1)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Nicor Inc. common stock per the terms in the agreement between Nicor Inc. and the reporting person. The 4,740 total includes the grant of 1,290 RSUs on March 27, 2008; 1,510 RSUs on March 26, 2009; 1,060 RSUs on March 25, 2010; and 880 RSUs on March 24, 2011. Pursuant to the Merger Agreement, dated December 6, 2010 (the "Merger Agreement"), by and among Nicor Inc., AGL Resources Inc., Apollo Acquisition Corp. and Ottawa Acquisition LLC, all RSUs, whether or not vested, were cancelled in exchange for an amount in cash equal to the Cash-Out Amount ($54.64) (as defined in the Merger Agreement) multiplied by the number of shares subject to such RSU immediately prior to the Effective Time of the merger, subject to any withholding of taxes.