Beadon Perry 4
4 · PLAYTEX PRODUCTS INC · Filed Oct 3, 2007
Insider Transaction Report
Form 4
Beadon Perry
Senior V.P. Global Sales
Transactions
- Disposition to Issuer
Common Stock
2007-10-01$18.30/sh−36,669$671,043→ 0 total - Disposition to Issuer
Stock Option (Right to Buy
2007-10-01$18.30/sh−190,000$3,477,000→ 0 totalExercise: $7.72From: 2007-12-29Exp: 2015-01-14→ Common Stock (190,000 underlying) - Disposition to Issuer
Common Stock
2007-10-01$18.30/sh−20,000$366,000→ 0 total(indirect: Restricted Performance Stock)
Footnotes (3)
- [F1]These securities were disposed of on October 1, 2007 by ETKM, Inc. ("ETKM"), a wholly-owned subsidiary of Energizer Holdings, Inc. ("Energizer"), through a merger (the "Merger") with and into the Issuer, under an Agreement and Plan of Merger, dated July 12, 2007, among Energizer, ETKM and the Issuer (the "Merger Agreement"). Under the terms of the Merger Agreement, the Issuer's stockholders, including the reporting person, are receiving $18.30 in cash for each share of the Issuer's common stock held prior to the Merger. Following the Merger, the Issuer became a wholly-owned subsidiary of Energizer.
- [F2]Under the terms of the Merger Agreement, each share of the Issuer's restricted stock held by the reporting person has been cancelled by the Issuer, and the reporting person is receiving, in lieu thereof, an amount equal to $18.30 per share (the amount per share to be received by the Issuer's stockholders in connection with Merger).
- [F3]Under the terms of the Merger Agreement, each option to acquire shares of the Issuer's common stock, whether vested or unvested, has been cancelled by the Issuer, and the reporting person is receiving, in lieu thereof, an amount equal to $18.30 per share (the amount per share to be received by the Issuer's stockholders in connection with the Merger) less the aggregate exercise price of the option.