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GENTEK INC·4

Jun 30, 3:26 PM ET

GENTEK INC 4

4 · GENTEK INC · Filed Jun 30, 2005

Insider Transaction Report

Form 4
Period: 2005-06-29
GENTEK INCGETI
Gilbert George G
VP & GM, Valve Train
Transactions
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2005-06-23−4,876→ 0 total
    Exercise: $31.14Exp: 2014-03-19→ Common Stock (4,876 underlying)
  • Award

    Employee Stock Options (right to buy)

    2005-06-23+13,775→ 13,775 total
    Exercise: $11.03Exp: 2014-03-19→ Common Stock (13,775 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.

Documents

2 files