4//SEC Filing
CLARK STEPHEN H /NC/ 4
Accession 0001209191-05-007932
CIK 0001072048other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:51 PM ET
Size
9.9 KB
Accession
0001209191-05-007932
Insider Transaction Report
Form 4
CLARK STEPHEN H /NC/
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2005-02-07$14.91/sh+20,050$298,946→ 20,050 total - Sale
Common Stock
2005-02-07$59.94/sh−20,050$1,201,791→ 0 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-02-07−20,050→ 852,148 totalExercise: $14.91Exp: 2013-03-12→ Common Stock (20,050 underlying)
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 10, 2003.
- [F2]As of August 21, 2003, the Issuer effected a 2-for-1 stock split of its common stock, which is reflected in the number provided.
- [F3]The options shall vest and become exercisable in the following manner: (i) 20% of the aggregate option shares as of the Grant Date; (ii) 1/36 of 50% of the aggregate option shares on each of the first thirty-six monthly anniversaries of the Grant Date; and (iii) 30% of the aggregate option shares on the sixth anniversary of the Grant Date or sooner, in equal annual amounts for the fiscal years ending December 31, 2003, December 31, 2004 and December 31, 2005, subject to the Issuer's achievement of certain annual performance criterion for such fiscal years.
Documents
Issuer
SPECTRASITE INC
CIK 0001072048
Entity typeother
Related Parties
1- filerCIK 0001158394
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 4:51 PM ET
- Size
- 9.9 KB