4//SEC Filing
SCUPHAM C SIMON 4
Accession 0001209191-05-028899
CIK 0000947716other
Filed
May 26, 8:00 PM ET
Accepted
May 27, 9:27 PM ET
Size
12.7 KB
Accession
0001209191-05-028899
Insider Transaction Report
Form 4
SCUPHAM C SIMON
Director
Transactions
- Exercise/Conversion
Common Stock
2005-05-25$10.46/sh+16,000$167,360→ 16,000 total - Exercise/Conversion
Common Stock
2005-05-25$10.94/sh+1,000$10,940→ 17,000 total - Tax Payment
Common Stock
2005-05-25$14.54/sh−13,685$198,980→ 3,315 total - Exercise/Conversion
Stock Option (right to buy)
2005-05-25$14.54/sh−1,000$14,540→ 0 totalExercise: $10.94Exp: 2009-07-15→ Common Stock (1,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2005-05-25$14.54/sh−16,000$232,640→ 0 totalExercise: $10.46Exp: 2008-06-17→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]The reporting person's common stock was acquired in exchange for cancelled stock options having a market value of $14.54 per share on the effective date of a change of control of the Issuer (as defined in the Issuer's Directors Stock Option Plan) occurring pursuant to an Agreement and Plan of Reorganization with Aegon N.V.
- [F2]The reporting person's stock options, which provided for vesting immediately upon a change of control of the Issuer, were cancelled in connection with the transaction between the Issuer and Aegon N.V. and exchanged for 3,315 shares of common stock after deduction for the exercise price and withholding for payment of taxes, valued at $14.54 per share on the date of such change of control.
Documents
Issuer
GLOBAL PREFERRED HOLDINGS INC
CIK 0000947716
Entity typeother
Related Parties
1- filerCIK 0001253078
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 9:27 PM ET
- Size
- 12.7 KB