SHAW WILLIAM J 4
4 · THOUSAND TRAILS INC /DE/ · Filed Jul 24, 2003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (4)
- [F1]Disposed pursuant to the merger of Thousand Trails, Inc. and KTTI Acquisition Company, Inc. on July 23, 2003 in a transaction exempt under Rule 16b-3.
- [F2]Owned by the William J. Shaw Family Partnership, LP ("FLP"), a limited partnership of which the reporting person controls the sole general partner and of which trusts for the benefit of the reporting person and his children and grandchildren are the limited partners. The reporting person disclaims beneficial ownership of the common stock held by the FLP except to the extent of his pecuniary interest therein.
- [F3]includes tandem tax withholding right
- [F4]These options, whether or not vested, were canceled in the merger of Thousand Trails, Inc. and KTTI Acquisition Company, Inc. on July 23, 2003 in exchange for a cash payment equal to the difference between the per share merger consideration and the exercise price in a transaction exempt under Rule 16b-3.