4//SEC Filing
ARBITRON INC 4
Accession 0001181431-13-051035
CIK 0000109758operating
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 3:37 PM ET
Size
12.2 KB
Accession
0001181431-13-051035
Insider Transaction Report
Form 4
ARBITRON INCARB
FARBER ERICA
Director
Transactions
- Disposition to Issuer
Common Stock
2013-09-30$48.00/sh−3,106$149,088→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-09-30$6.98/sh−7,000$48,860→ 0 totalExercise: $41.02Exp: 2015-05-24→ Common Stock (7,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-09-30$8.13/sh−7,000$56,910→ 0 totalExercise: $39.87Exp: 2016-05-24→ Common Stock (7,000 underlying) - Disposition to Issuer
Deferred Stock Units
2013-09-30$48.00/sh−12,173.755$584,340→ 0 total→ Common Stock (12,173.755 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger by and among Nielsen Holdings N.V. ("Nielsen"), TNC Sub I Corporation and Arbitron Inc., as amended (the "Merger Agreement"), these shares were cancelled in exchange for a cash payment equal to $48.00 per share.
- [F2]These deferred stock units convert on a one for one basis.
- [F3]Includes 258.7550 deferred stock units acquired through dividend reinvestment. Pursuant to the Merger Agreement, the deferred stock units were cancelled in exchange for a cash payment equal to $48.00 per share.
- [F4]These deferred stock units vested in full on the first anniversary from the date of grant and may be deferred until 30 days after the first anniversary of the vesting date.
- [F5]Pursuant to the Merger Agreement, these options, which provided for vesting in three equal annual installments beginning on the first anniversary of the date of grant for each such option, were canceled in exchange for a cash payment representing (1) the difference between $48.00 per share and the exercise price of each such option and (2) the "Black-Scholes Termination Value," which is a term defined in the option award agreements to mean the excess, if any, of the Black-Scholes value of the option determined at the time of the transaction using assumptions set forth in the option award agreements, over the in-the-money value of the option calculated in accordance with (1) above.
Documents
Issuer
ARBITRON INC
CIK 0000109758
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000109758
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 3:37 PM ET
- Size
- 12.2 KB