NATIONAL FINANCIAL PARTNERS CORP 4
4 · NATIONAL FINANCIAL PARTNERS CORP · Filed Jul 2, 2013
Insider Transaction Report
Form 4
ABRAMSON STEPHANIE W
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-07-01−3,049→ 0 totalExercise: $0.00→ Common Stock (3,049 underlying) - Disposition to Issuer
Phantom Stock Units
2013-07-01−6,319→ 0 totalExercise: $0.00→ Common Stock (6,319 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-07-01−10,000→ 0 totalExercise: $20.00Exp: 2013-08-24→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2013-07-01$25.35/sh−17,256$437,440→ 0 total
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger among Patriot Parent Corp., Patriot Merger Corp. and the Issuer (the "Merger"), this stock option, which was fully vested, was cancelled in exchange for a cash payment equal to the difference between $20.00 per share (the exercise price of the stock option) and $25.35 per share (the "Merger Consideration").
- [F2]These restricted stock units, which provided for vesting on February 16, 2014, were cancelled in the Merger in exchange for a cash payment equal to the Merger Consideration.
- [F3]N/A
- [F4]These phantom stock units, which were vested in full and provided for payment upon Reporting Person's separation of service from the Issuer, were cancelled in the Merger in exchange for a cash payment equal to the Merger Consideration.
- [F5]In connection with the Merger, these shares were cancelled and converted into the right to receive an amount of cash equal to the Merger Consideration.