4//SEC Filing
INTERNATIONAL STEEL GROUP INC 4
Accession 0001209191-05-021289
CIK 0001231868operating
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 6:28 PM ET
Size
8.5 KB
Accession
0001209191-05-021289
Insider Transaction Report
Form 4
SMITH KAREN A
VP - Human Resources
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-04-15$39.24/sh−47,060$1,846,634→ 0 totalExercise: $2.76Exp: 2008-04-12→ Common Stock (47,060 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-04-15$16.45/sh−72,400$1,190,980→ 0 totalExercise: $25.55Exp: 2009-07-07→ Common Stock (72,400 underlying)
Footnotes (2)
- [F1]This option, which provided for vesting in four equal annual installments beginning April 12, 2002, was cancelled in the merger of International Steel Group Inc. with a wholly owned subsidiary of Mittal Steel Company N.V. (the "Merger") in exchange for a cash payment of $1,846,520.00 which is equal to the difference between the per share exercise price of the option and $42.00 per share, multiplied by the number of options cashed out.
- [F2]This option, which provided for vesting in four equal annual installments beginning July 7, 2003, was cancelled in the Merger in exchange for a cash payment of $1,190,980.00 which is equal to the difference between the per share exercise price of the option and $42.00 per share, multiplied by the number of options cashed out.
Documents
Issuer
INTERNATIONAL STEEL GROUP INC
CIK 0001231868
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001231868
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 6:28 PM ET
- Size
- 8.5 KB