ARBITRON INC 4
4 · ARBITRON INC · Filed Sep 30, 2013
Insider Transaction Report
Form 4
ARBITRON INCARB
Delman Debra
EVP, Finance & CFO
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-09-30$11.70/sh−18,789$219,831→ 0 totalExercise: $36.30Exp: 2022-08-28→ Common Stock (18,789 underlying) - Disposition to Issuer
Common Stock
2013-09-30$48.00/sh−10,430.86$500,681→ 0 total
Footnotes (2)
- [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"), 8,290.8599 of these restricted stock units were cancelled in exchange for a cash payment equal to $48.00 per share and 2,140 of these restricted stock units were converted into restricted stock units with respect to 2,828 shares of Nielsen common stock.
- [F2]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, were canceled in exchange for a cash payment representing the difference between $48.00 per share and the exercise price.