4//SEC Filing
TBC CORP 4
Accession 0001209191-05-022171
CIK 0000718449operating
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 2:40 PM ET
Size
22.2 KB
Accession
0001209191-05-022171
Insider Transaction Report
Form 4
TBC CORPTBCC
MCCARTHY WILLIAM J
Director
Transactions
- Disposition to Issuer
Common Stock
2005-04-22−232→ 6,579 total - Exercise/Conversion
Common Stock
2005-04-22$14.30/sh+468$6,692→ 7,047 total - Exercise/Conversion
Common Stock
2005-04-22$7.19/sh+928$6,672→ 6,811 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) - Disposition to Issuer
Common Stock
2005-04-22−303→ 5,883 total - 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) - Exercise/Conversion
Common Stock
2005-04-22$5.50/sh+1,212$6,666→ 6,186 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) - Tax Payment
Common Stock
2005-04-22$27.21/sh−736$20,027→ 6,194 total - Disposition to Issuer
Common Stock
2005-04-22−117→ 6,930 total
Footnotes (4)
- [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]Represents the balance of tandem options still outstanding under the respective annual grant.
Documents
Issuer
TBC CORP
CIK 0000718449
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000718449
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 2:40 PM ET
- Size
- 22.2 KB