4//SEC Filing
INTERNATIONAL STEEL GROUP INC 4
Accession 0001209191-05-021292
CIK 0001231868operating
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 6:32 PM ET
Size
10.5 KB
Accession
0001209191-05-021292
Insider Transaction Report
Form 4
MOTT RODNEY B
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-04-15$39.24/sh−1,484,200$58,240,008→ 0 totalExercise: $2.76Exp: 2008-04-12→ Common Stock (1,484,200 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-04-15$16.45/sh−115,840$1,905,568→ 0 totalExercise: $25.55Exp: 2009-07-07→ Common Stock (115,840 underlying) - Disposition to Issuer
Common Stock, Par Value $0.01
2005-04-15−1,381,059→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between International Steel Group Inc. ("ISG"), Mittal Steel Company N.V. and the other parties thereto pursuant to which on April 15, 2005, all of the issued and outstanding shares of the Common Stock, par value $0.01 per share, of ISG were converted into the right to receive (1) $42.00 per share in cash, (2) 1.21740 Mittal Steel class A common shares, par value E0.01 per share, or (3) a combination of cash and Mittal Steel class A common shares. All elections are subject to the proration procedures provided in the merger agreement.
- [F2]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 $58,236,399.91 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.
- [F3]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 $1,905,568.00 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, 6:32 PM ET
- Size
- 10.5 KB