STOKES THOMAS W 4

Accession 0001209191-03-022244

CIK 0000873998other

Filed

Sep 18, 8:00 PM ET

Accepted

Sep 19, 2:39 PM ET

Size

16.1 KB

Accession

0001209191-03-022244

Form 4

Period: 2003-09-18

Chief Operating Officer

Transactions

Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.25/sh−500$1,625→ 0 total
Exercise: $5.75Exp: 2004-04-12→ Common Stock (500 underlying)
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$6.59/sh−7,000$46,151→ 0 total
Exercise: $2.41Exp: 2009-11-04→ Common Stock (7,000 underlying)
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.00/sh−24,600$73,800→ 0 total
Exercise: $6.00Exp: 2013-01-14→ Common Stock (24,600 underlying)
Disposition to Issuer
Common Stock
2003-09-18−2,459→ 0 total
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$5.75/sh−5,000$28,750→ 0 total
Exercise: $3.25Exp: 2008-12-30→ Common Stock (5,000 underlying)
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$5.50/sh−2,000$11,000→ 0 total
Exercise: $3.50Exp: 2006-12-30→ Common Stock (2,000 underlying)
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$5.00/sh−3,000$15,000→ 0 total
Exercise: $4.00Exp: 2007-12-30→ Common Stock (3,000 underlying)
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.75/sh−10,000$37,500→ 0 total
Exercise: $5.25Exp: 2011-01-03→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.60/sh−20,000$72,000→ 0 total
Exercise: $5.40Exp: 2012-03-05→ Common Stock (20,000 underlying)

Footnotes (2)

[F1]Disposed of pursuant to the merger agreement providing for the merger of the Issuer into a subsidiary of GTECH Holdings Corporation. The reporting person will receive cash, GTECH common stock or a combination of the two valued pursuant to the merger agreement at $9.00 per share disposed of. The consideration received will depend both on the election of the reporting person and on elections made by other stockholders of the Issuer.
[F2]All options have 10-year terms and became or become exercisable at the rate of 25% per year beginning one year from the date of grant, except that the options that expire on 4/12/04 (which were granted on 4/13/94) became exercisable at the rate of 25% per year beginning one year after the effective date of the Registration Statement for the Issuer's initial public offering. Under the terms of the Issuer's plans, all unexercisable options vested in full in connection with the merger. Under the terms of the merger agreement, all options were cancelled at the effective time of the merger in exchange for cash payments in an amount per share subject to those options equal to the excess of $9.00 over the exercise price.

Documents

1 file

INTERLOTT TECHNOLOGIES INC

CIK 0000873998

Entity typeother