LIPTON STEVEN D 4
4 · ELDER BEERMAN STORES CORP · Filed Oct 29, 2003
Insider Transaction Report
Form 4
LIPTON STEVEN D
Senior VP, Controller
Transactions
- Disposition to Issuer
Phantom Stock Units
2003-10-24−16,930→ 6 totalExercise: $8.00From: 2003-10-24Exp: 2004-02-05→ Common Stock (16,930 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2003-10-24−10,000→ 6 totalExercise: $9.13From: 2003-10-24Exp: 2009-04-22→ Common Stock (10,000 underlying) - Disposition to Issuer
Non Qualified Stock Option (right to buy)
2003-10-24−21,000→ 6 totalExercise: $10.89From: 2003-10-24Exp: 2007-12-30→ Common Stock (21,000 underlying) - Disposition from Tender
Common Stock
2003-10-24$8.00/sh−14,511$116,088→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2003-10-24−15,000→ 6 totalExercise: $2.74From: 2003-10-24Exp: 2013-03-05→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Sold in Offer to Purchase, dated September 23, 2003, of Elder Acquisition Corp., an indirect wholly owned subsidiary of The Bon-Ton Stores, Inc.
- [F2]This option was cancelled pursuant to Agreement and Plan of Merger among The Elder-Beerman Stores Corp., Elder Acquisition Corp. and The Bon-Ton Stores, Inc., dated September 15, 2003. The option holder was paid the excess of $8.00 over the exercise price. In the case where the exercise price of an option was over $8.00, the option was cancelled with no payment
- [F3]This Phantom stock unit was cancelled pursuant to Agreement and Plan of Merger among The Elder Beerman Stores COrp., Elder-Acquisition Corp. and The Bon-Ton stores, Inc., dated September 15, 2003, by payment to the holder of $8.00 in cash for each unit.