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4//SEC Filing

SPECTRASITE INC 4

Accession 0001209191-05-029226

CIK 0001072048operating

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 11:37 AM ET

Size

9.6 KB

Accession

0001209191-05-029226

Insider Transaction Report

Form 4
Period: 2005-05-31
PRESTWOOD THOMAS A
President-Broadcast Division
Transactions
  • Exercise/Conversion

    Common Stock

    2005-05-31$13.07/sh+1,500$19,6131,500 total
  • Sale

    Common Stock

    2005-05-31$63.38/sh1,500$95,0700 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    2005-05-311,50099,750 total
    Exercise: $13.07Exp: 2013-03-12Common Stock (1,500 underlying)
Footnotes (2)
  • [F1]As of August 21, 2003, the Issuer effected a 2-for-1 stock split of its common stock, which is reflected in the number provided.
  • [F2]The options shall vest and become exercisable in the following manner: (i) 20% of the aggregate option shares as of the Grant Date; (ii) 1/36 of 50% of the aggregate option shares on each of the first thirty-six monthly anniversaries of the Grant Date; and (iii) 30% of the aggregate option shares on the sixth anniversary of the Grant Date or sooner, in equal annual amounts for the fiscal years ending December 31, 2003, December 31, 2004 and December 31, 2005, subject to the Issuer's achievement of certain annual performance criterion for such fiscal years.

Issuer

SPECTRASITE INC

CIK 0001072048

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001072048

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 11:37 AM ET
Size
9.6 KB