GENTEK INC 4
4 · GENTEK INC · Filed Jun 30, 2005
Insider Transaction Report
Form 4
GENTEK INCGETI
Grierson Douglas
Vice President, Controller
Transactions
- Disposition to Issuer
Employee Stock Options (right to buy)
2005-06-29−5,266→ 0 totalExercise: $31.14Exp: 2014-03-19→ Common Stock (5,266 underlying) - Award
Employee Stock Options (right to buy)
2005-06-29+14,876→ 14,876 totalExercise: $11.03Exp: 2014-03-19→ Common Stock (14,876 underlying)
Footnotes (3)
- [F1]The exercise price and quantity of the options of the original grant were equitably adjusted as a result of a payment of a $31.00 per share dividend by the issuer. This adjustment resulted in the deemed cancellation of the original option grant and the grant of replacement options.
- [F2]Options were to vest 1/3 on 3/19/05; 1/3 on 3/19/06; 1/3 on 3/19/07
- [F3]One-third are exercisable as of the new issuance date; 1/3 on 3/19/06 and 1/3 on 3/19/07.