4//SEC Filing
MCSTAY RICHARD A 4
Accession 0001209191-05-021799
CIK 0000718449other
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 3:43 PM ET
Size
20.8 KB
Accession
0001209191-05-021799
Insider Transaction Report
Form 4
TBC CORPTBCC
MCSTAY RICHARD A
Director
Transactions
- Exercise/Conversion
Common Stock
2005-04-22$5.50/sh+1,212$6,666→ 31,901 total - Exercise/Conversion
Common Stock
2005-04-22$7.19/sh+928$6,672→ 32,526 total - Exercise/Conversion
Stock Option (right to buy)
2005-04-22−928→ 924 totalExercise: $7.19From: 2002-04-25Exp: 2005-04-25→ Common Stock (928 underlying) - Exercise/Conversion
Stock Option (right to buy)
2005-04-22−468→ 932 totalExercise: $14.30From: 2003-04-24Exp: 2005-04-24→ Common Stock (468 underlying) - Disposition to Issuer
Common Stock
2005-04-22−232→ 32,294 total - Exercise/Conversion
Common Stock
2005-04-22$14.30/sh+468$6,692→ 32,762 total - Disposition to Issuer
Common Stock
2005-04-22−117→ 32,645 total - Exercise/Conversion
Stock Option (right to buy)
2005-04-22−1,212→ 0 totalExercise: $5.50From: 2001-04-26Exp: 2005-04-26→ Common Stock (1,212 underlying) - Disposition to Issuer
Common Stock
2005-04-22−303→ 31,598 total
Footnotes (5)
- [F1]Under the TBC Corporation 1989 Stock Incentive Plan (the "Plan"), prior to 2003, each non-employee director was granted, on the date of each Annual Meeting of Stockholders, shares of restricted stock having an aggregate then current fair market value of $5,000. The director was concurrently granted an option giving him the right to buy four times the number of restricted shares that he was granted. The option expires in one-third increments as the restricted stock vests, and the exercise of any portion of the option will cause the forfeiture of the associated restricted stock. The exercise of the option is also subject to certain conditions stated in the Plan.
- [F2]Exercise of tandem options. See (1).
- [F3]Forfeiture of restricted stock upon exercise of tandem options. See (1).
- [F4]Mr. McStay also has indirect ownership of 1,518 shares of TBC Common Stock owned by his wife.
- [F5]Represents the balance of tandem options still outstanding under the respective annual grant.
Documents
Issuer
TBC CORP
CIK 0000718449
Entity typeother
Related Parties
1- filerCIK 0001231986
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 3:43 PM ET
- Size
- 20.8 KB