Bottazzi Joseph 4
4 · EDELMAN FINANCIAL GROUP INC. · Filed Sep 20, 2012
Insider Transaction Report
Form 4
Bottazzi Joseph
Chief Communications Officer
Transactions
- Other
Common Stock
2012-09-20$8.85/sh−2,165$19,160→ 0 total - Disposition to Issuer
Restricted Stock Units
2012-09-20−6,493→ 0 totalExercise: $8.85→ Common Stock (6,493 underlying)
Footnotes (4)
- [F1]Disposed in connection with merger agreement among The Edelman Financial Group Inc., Summer Holdings II, Inc., and Summer Merger Sub, Inc. Shares were contributed to Lee Summer, LP at a value of $8.85 per share.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F3]The restricted stock units, which provide for vesting 25% on the date of grant, 50% on March 15, 2013, 75% on March 15, 2014, and 100% on March 15, 2015, were canceled in the merger in exchange for a cash payment of $8.85 per share.
- [F4]The restricted stock units were issued pursuant to the Issuer's 2011 Executive and Key Manager Restricted Stock Unit Sub-Plan.