COLE JEFFREY A 4
4 · COLE NATIONAL CORP /DE/ · Filed Oct 5, 2004
Insider Transaction Report
Form 4
COLE JEFFREY A
Director
Transactions
- Disposition to Issuer
Director Stock Option (Right to Buy)
2004-10-04$7.75/sh−1,571$12,183→ 0 totalExercise: $19.96From: 2005-01-01Exp: 2014-01-01→ Common Stock (1,571 underlying) - Disposition to Issuer
Common Stock
2004-10-04$27.72/sh−504,567.742$13,986,618→ 0 total - Disposition to Issuer
Director Stock Option (Right to Buy)
2004-10-04$12.57/sh−250,000$3,142,500→ 0 totalExercise: $15.15Exp: 2008-06-25→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]Reflects disposition of shares in exchange for the cash price indicated pursuant to the Agreement and Plan of Merger between Luxottica Group S.p.A., Colorado Acquisition Corporation and Cole National Corporation, as amended (the "Merger Agreement").
- [F2]Reflects disposition of options in exchange for the cash price indicated, which represents the difference between the exercise price and the merger price, pursuant to the Merger Agreement.
- [F3]The option otherwise vested on successive anniversaries of the date of grant as follows: 1/5 on 1/25/03; 1/5 on 1/25/04; and would otherwise vest as follows: 1/5 on 1/25/05; 1/5 on 1/25/06 and the remaining 1/5 on 1/25/07.