4//SEC Filing
Kelley Kris J 4
Accession 0001206774-07-002321
CIK 0000842699other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 6:11 PM ET
Size
15.8 KB
Accession
0001206774-07-002321
Insider Transaction Report
Form 4
Kelley Kris J
Executive Vice President & CFO
Transactions
- Disposition to Issuer
Common Stock
2007-10-01$18.30/sh−43,333$792,994→ 0 total(indirect: Restricted Performance Stock) - Disposition to Issuer
Common Stock
2007-10-01$18.30/sh+130,000$2,379,000→ 202,951 total - Disposition to Issuer
Employee Stock Option (right to buy)
2007-10-01$18.30/sh−40,000$732,000→ 0 totalExercise: $7.26From: 2007-12-29Exp: 2014-12-09→ Common Stock (40,000 underlying) - Disposition to Issuer
Common Stock
2007-10-01$18.30/sh−202,951$3,714,003→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2007-10-01$18.30/sh−200,000$3,660,000→ 0 totalExercise: $6.34From: 2007-12-29Exp: 2014-10-02→ Common Stock (200,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-10-01$18.30/sh−100,000$1,830,000→ 0 totalExercise: $6.34From: 2007-12-29Exp: 2014-10-02→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Under the terms of the reporting person's employment agreement with the Issuer, the reporting person was entitled to receive a one time grant of 130,000 shares of the Issuer's common stock immediately prior to the Merger (the "Award Shares").
- [F2]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.
- [F3]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).
- [F4]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.
Documents
Issuer
PLAYTEX PRODUCTS INC
CIK 0000842699
Entity typeother
Related Parties
1- filerCIK 0001305006
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 6:11 PM ET
- Size
- 15.8 KB