SPECTRASITE INC 4
4 · SPECTRASITE INC · Filed May 23, 2005
Insider Transaction Report
Form 4
CLARK STEPHEN H /NC/
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2005-05-19$91.00/sh−997$90,727→ 0 total - Exercise of In-Money
Common Stock
2005-05-19$16.00/sh+997$15,952→ 997 total - Exercise of In-Money
Common Stock Warrants (right to buy)
2005-05-19−997→ 0 totalExercise: $16.00Exp: 2010-02-10→ Common Stock (997 underlying)
Footnotes (2)
- [F1]The reporting person held warrants to purchase shares of common stock at an initial exercise price of $16.00 per share (post the 2-for-1 stock split that occurred on August 21, 2003)subject to adjustment as provided in the warrant agreement governing the terms of the warrants.
- [F2]Immediately.