4//SEC Filing
INSURANCE AUTO AUCTIONS, INC 4
Accession 0001209191-05-030487
CIK 0000880026operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 1:51 PM ET
Size
9.6 KB
Accession
0001209191-05-030487
Insider Transaction Report
Form 4
NORDIN JOHN R
Chief Information Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-05-25$14.20/sh−24,000$340,800→ 0 totalExercise: $14.05Exp: 2013-11-14→ Commmon Stock (24,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-05-25−6,000→ 0 totalExercise: $14.05Exp: 2013-11-14→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock
2005-05-25$28.25/sh−22,149$625,709→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement by and among issuer, Axle Merger Sub, Inc. and Axle Holdings, Inc.
- [F2]This option was canceled in the merger in exchange for a cash payment of $340,800, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
- [F3]This option was assumed by Axle Holdings, Inc. in the merger and replaced with an option to purchase 6,617 shares of Axle Holdings, Inc. common stock at $12.56 per share.
Documents
Issuer
INSURANCE AUTO AUCTIONS, INC
CIK 0000880026
Entity typeoperating
IncorporatedIL
Related Parties
1- filerCIK 0000880026
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 1:51 PM ET
- Size
- 9.6 KB