4//SEC Filing
NATIONAL FINANCIAL PARTNERS CORP 4
Accession 0001181431-13-037775
CIK 0001183186operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 1:01 PM ET
Size
20.0 KB
Accession
0001181431-13-037775
Insider Transaction Report
Form 4
CALLAHAN R BRUCE
Director
Transactions
- Gift
Common Stock
2013-06-17−4,000→ 83,212.307 total - Disposition to Issuer
Common Stock
2013-07-01−8,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-07-01−1,000→ 0 totalExercise: $23.00Exp: 2013-09-17→ Common Stock (1,000 underlying) - 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
2013-07-01−3,258→ 0 totalExercise: $0.00→ Common Stock (3,258 underlying) - Disposition to Issuer
Restricted Stock Units
2013-07-01−1,910→ 0 totalExercise: $0.00→ Common Stock (1,910 underlying) - Disposition to Issuer
Common Stock
2013-07-01$25.35/sh−75,212.307$1,906,632→ 8,000 total - Disposition to Issuer
Restricted Stock Units
2013-07-01−1,151→ 0 totalExercise: $0.00→ Common Stock (1,151 underlying)
Footnotes (10)
- [F1]Includes shares owned jointly with Reporting Person's spouse.
- [F10]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.
- [F2]Includes shares acquired through dividend reinvestment.
- [F3]In connection with the Agreement and Plan of Merger among Patriot Parent Corp., Patriot Merger Corp. and the Issuer (the "Merger"), and pursuant to the Common Unit Rollover Subscription Agreement by and between the Reporting Person and Patriot Investment Holdings, LLC ("Holdings"), these shares were converted into an equity interest in Holdings having a market value equal to $25.35 per share (the "Merger Consideration").
- [F4]This stock option, which was fully vested, was cancelled in the Merger in exchange for a cash payment equal to the difference between $23.00 per share (the exercise price of the stock option) and the Merger Consideration.
- [F5]These restricted stock units ("RSUs"), which provided for vesting in three equal annual installments commencing February 16, 2012, were converted in the Merger into a service-based right to receive deferred cash payments on the applicable vesting dates equal to the Merger Consideration, to be made upon Reporting Person's separation of service from the Issuer.
- [F6]N/A
- [F7]These RSUs, which provided for vesting in three equal annual installments commencing February 16, 2013, were converted in the Merger into a service-based right to receive deferred cash payments on the applicable vesting dates equal to the Merger Consideration, to be made upon Reporting Person's separation of service from the Issuer.
- [F8]These RSUs, which provided for vesting in three equal annual installments commencing February 16, 2014, were converted in the Merger into a service-based right to receive deferred cash payments on the applicable vesting dates equal to the Merger Consideration, to be made upon Reporting Person's separation of service from the Issuer.
- [F9]These phantom stock units, which were vested in full but provided for payment upon separation of service from the Issuer, were cancelled in the Merger in exchange for a cash payment equal to the Merger Consideration, to be made upon Reporting Person's separation of service from the Issuer.
Documents
Issuer
NATIONAL FINANCIAL PARTNERS CORP
CIK 0001183186
Entity typeoperating
Related Parties
1- filerCIK 0001183186
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 1:01 PM ET
- Size
- 20.0 KB