COLE NATIONAL CORP /DE/ 4
4 · COLE NATIONAL CORP /DE/ · Filed Oct 5, 2004
Insider Transaction Report
Form 4
POLLOCK LARRY I
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2004-10-04$27.72/sh−658,043$18,240,952→ 0 total - Disposition to Issuer
Director Stock Option (Right to Buy)
2004-10-04$17.72/sh−262,500$4,651,500→ 0 totalExercise: $10.00Exp: 2010-01-18→ Common Stock (262,500 underlying) - Disposition to Issuer
Common Stock
2004-10-04$27.72/sh−133,042$3,687,924→ 0 total(indirect: By Trust) - Disposition to Issuer
Director Stock Option (Right to Buy)
2004-10-04$15.86/sh−300,000$4,758,000→ 0 totalExercise: $11.86Exp: 2013-06-25→ Common Stock (300,000 underlying)
Footnotes (5)
- [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]Held by the Larry Pollock Trust.
- [F3]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.
- [F4]The option vested 50% on 1/18/01 and 50% on 1/18/02.
- [F5]The option otherwise vests as follows: 1/2 on 6/25/05 and the remaining 1/2 on 6/25/07.