URQUHART JOHN 4
4 · INVERESK RESEARCH GROUP INC · Filed Oct 22, 2004
Insider Transaction Report
Form 4
URQUHART JOHN
Director
Transactions
- Disposition to Issuer
Option to Purchase Common Stock
2004-10-20−5,000→ 0 totalExercise: $30.00From: 2004-10-20Exp: 2014-05-04→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2004-10-20−49,456→ 0 total(indirect: By Trust)
Footnotes (4)
- [F1]The Urquhart Family Trust received a combination of cash and Charles River common stock in exchange for the Trust's Inveresk common stock pursuant to the Agreement and Plan of Merger dated as of June 30, 2004, by and among the Issuer, Charles River Laboratories International, Inc., Indigo Merger I Corp. and Indigo Merger II Corp.
- [F2]These options were originally only schedulled to begin vesting on 05/04/2005. However, full vesting was accelerated to October 20, 2004 pursuant to the Change of Control terms within Inveresk's Non-Employee Director Stock Option Plan.
- [F3]John Urquhart received Charles River stock options in exchange for his Inveresk stock options pursuant to the Agreement and Plan of Merger dated as of June 30, 2004, by and among the Issuer, Charles River Laboratories International, Inc., Indigo Merger I Corp. and Indigo Merger II Corp.
- [F4]The options originally began vesting one third after one year after grant (or vested one third on April 29, 2004), the next third after two years from the date of grant and the final third after three years. However, full vesting was accelerated to October 20, 2004 pursuant to the Change of Control terms within Inveresk's Non-Employee Director Stock Option Plan.