4//SEC Filing
LACAMBRA JOSEPH L 4
Accession 0001209191-04-057979
CIK 0000814457other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 8:13 PM ET
Size
14.8 KB
Accession
0001209191-04-057979
Insider Transaction Report
Form 4
LACAMBRA JOSEPH L
Sr. Vice President--Operations
Transactions
- Exercise/Conversion
Common Stock
2004-12-13+12,595→ 12,595 total - Disposition to Issuer
Common Stock
2004-12-13−12,595→ 0 total - Expiration (Short)
Options
2004-12-13$0.49/sh−26,250$12,863→ 0 totalExercise: $1.76Exp: 2011-05-14→ Common Stock (26,250 underlying) - Expiration (Short)
Options
2004-12-13$0.49/sh−10,000$4,900→ 0 totalExercise: $1.76Exp: 2011-05-14→ Common Stock (10,000 underlying) - Exercise/Conversion
Phantom Stock Units
2004-12-13−12,595→ 0 total→ Common Stock (12,595 underlying)
Holdings
- 10,000
Options
Exercise: $2.65Exp: 2012-02-19→ Common Stock (10,000 underlying)
Footnotes (6)
- [F1]The option was cancelled in the tender offer in exchange for payment of an amount in cash equal to the product of (1) the excess of $2.25 over the per share exercise price of the option, multiplied by (2) the number of shares subject to such option.
- [F2]Options vest in 4 equal annual installments beginning on February 19, 2003, or upon a change of control.
- [F3]Issued under the Company's Executive Incentive Plan. Under the Executive Incentive Plan, upon a change of control transaction, which the consummation of the tender offer constitutes, all phantom stock units are converted to cash by multiplying the number of such units by the sale price of the common stock on the last business day before the change of control occurs, and the resulting amount is payable in cash upon closing of such change of control transaction. On December 10, 2004, the last business day before the tender offer was consummated, the sale price of the common stock was $2.29 per share.
- [F4]Option is fully vested.
- [F5]Options vest in 4 equal annual installments beginning on May 14, 2002, or upon a change of control.
- [F6]1-for-1
Documents
Issuer
HOME PRODUCTS INTERNATIONAL INC
CIK 0000814457
Entity typeother
Related Parties
1- filerCIK 0001213146
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 8:13 PM ET
- Size
- 14.8 KB