COLE NATIONAL CORP /DE/ 4
4 · COLE NATIONAL CORP /DE/ · Filed Oct 5, 2004
Insider Transaction Report
Form 4
SALMON WALTER J
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−1,350$37,422→ 0 total - Disposition to Issuer
Director Stock Option (Right to Buy)
2004-10-04$10.78/sh−2,500$26,956→ 0 totalExercise: $16.94From: 2000-01-01Exp: 2009-01-01→ Common Stock (2,500 underlying) - Disposition to Issuer
Phantom Stock Units
2004-10-04$27.72/sh−7,248$200,915→ 0 total→ Common Stock (7,248 underlying)
Footnotes (4)
- [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]One-for-One.
- [F4]Reflects disposition of phantom stock units in exchange for the cash price indicated, pursuant to the Merger Agreement. The units reflected Common Shares underlying deferred compensation credited to the account of the Reporting Person under the Cole National Corporation Nonemployee Director Equity and Deferred Compensation Plan. Each phantom stock unit was generally distributable following termination of service as a director.