LAWSON VANCE 4
4 · THOMAS NELSON INC · Filed Jun 14, 2006
Insider Transaction Report
Form 4
LAWSON VANCE
Sr. Vice Pres. - Finance
Transactions
- Disposition from Tender
Thomas Nelson Common Stock
2006-06-12$29.85/sh−68,435$2,042,785→ 0 total - Exercise/Conversion
Stock Option - right to buy
2006-06-12$13.60/sh−15,000$204,000→ 0 totalExercise: $13.60From: 2003-05-29Exp: 2012-05-29→ Thomas Nelson Common Stock (15,000 underlying) - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$10.88/sh+7,500$81,563→ 19,835 total - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$14.13/sh+5,000$70,625→ 24,835 total - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$7.05/sh+20,000$141,000→ 48,435 total - Exercise/Conversion
Stock Option - right to buy
2006-06-12$10.88/sh−7,500$81,563→ 0 totalExercise: $10.88From: 1998-05-15Exp: 2007-05-15→ Thomas Nelson Common Stock (7,500 underlying) - Exercise/Conversion
Stock Option - right to buy
2006-06-12$14.13/sh−5,000$70,625→ 0 totalExercise: $14.13From: 1999-08-20Exp: 2008-08-20→ Thomas Nelson Common Stock (5,000 underlying) - Exercise/Conversion
Stock Option - right to buy
2006-06-12$7.05/sh−20,000$141,000→ 0 totalExercise: $7.05From: 2002-05-16Exp: 2011-05-16→ Thomas Nelson Common Stock (20,000 underlying) - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$7.00/sh+3,600$25,200→ 28,435 total - Exercise/Conversion
Thomas Nelson Common Stock
2006-06-12$13.60/sh+15,000$204,000→ 63,435 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 to the change in control with the tender offer to take the company private.
- [F4]Dispositon pursuant a tender of shares in a change of control transaction
- [F5]Price was detremined at $29.85 per tender offer in a change in control transaction