JONES RONALD C 4
4 · VERIDIAN CORP · Filed Aug 13, 2003
Insider Transaction Report
Form 4
JONES RONALD C
Sr. Vice President
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2003-08-11$19.00/sh−47,880$909,720→ 0 totalExercise: $16.00Exp: 2012-02-12→ Common Stock (47,880 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-08-11$15.08/sh−30,000$452,400→ 0 totalExercise: $19.92Exp: 2012-12-27→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock, par value $0.0001 per share
2003-08-11$35.00/sh−593$20,755→ 0 total(indirect: See footnote)
Footnotes (4)
- [F1]The shares are held by the Veridian Retirement Savings Plan.
- [F2]The option became 10% vested on February 12, 2003, and becomes 30% vested on February 12, 2004, 60% vested on February 12, 2005, and 100% vested on February 12, 2006.
- [F3]Represents the difference between the per share exercise price of the option and $35.00, the per share consideration paid in connection with the merger of Veridian Corporation with a wholly owned subsidiary of General Dynamics Corporation.
- [F4]The option vests over a four-year period, becoming 10% vested on December 27, 2003, 30% vested on December 27, 2004, 60% vested on December 27, 2005 and 100% vested on December 27, 2006.