VALASSIS COMMUNICATIONS INC 4
4 · VALASSIS COMMUNICATIONS INC · Filed Sep 13, 2013
Insider Transaction Report
Form 4
SCHULTZ ALAN F
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2013-09-11$18.26/sh+39,666$724,301→ 329,984 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2013-09-11−39,666→ 75,000 totalExercise: $18.26Exp: 2017-01-01→ Common Stock (39,666 underlying) - Sale
Common Stock
2013-09-11$29.05/sh−39,666$1,152,274→ 290,318 total
Holdings
- 2,097(indirect: Valassis Employees' Retirement Savings Plan)
Common Stock
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple block transactions at prices ranging from $28.96 to $29.20, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each price within the range of all transactions reported in the Form 4 utilizing a weighted average price.
- [F3]The option, representing a right to purchase a total of 550,000 shares vested in three equal installments on February 1, 2010, February 17, 2010 and April 29, 2010.