LAND RON 4
4 · THOMAS NELSON INC · Filed Jun 14, 2006
Insider Transaction Report
Form 4
LAND RON
Other
Transactions
- Disposition from Tender
Thomas Nelson Common Stock
2006-06-12$29.85/sh−13,334$398,020→ 0 total - Exercise/Conversion
Stock Option - right to buy
2006-06-12$13.60/sh−10,000$136,000→ 0 totalExercise: $13.60From: 2003-05-29Exp: 2012-05-29→ Thomas Nelson Common Stock (10,000 underlying) - Exercise/Conversion
Stock Option - right to buy
2006-06-12$12.07/sh−3,334$40,241→ 0 totalExercise: $12.07From: 2003-05-29Exp: 2013-05-29→ Thomas Nelson Common Stock (3,334 underlying) - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$13.60/sh+10,000$136,000→ 10,000 total - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$12.07/sh+3,334$40,241→ 13,334 total
Footnotes (5)
- [F1]Exercise of in-the-money stock options as part of tender offer to take company private is reported as a dispositon of a derivative security and an acquisition of a Direct Interest in the underlying shares
- [F2]Option strike price was determined at FMV on date of grant
- [F3]Options are exercisable in 1/3 increments on the anniversary date from the date of grant. All options have accelerated vesting as a result of the change of control with the tender offer to take the company private
- [F4]Disposition pursuant a tender of shares in a change of control transaction
- [F5]Price was determined at $29.85 per tender offer in a change of control transaction