4//SEC Filing
INSURANCE AUTO AUCTIONS, INC 4
Accession 0001209191-05-030491
CIK 0000880026operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 1:54 PM ET
Size
9.9 KB
Accession
0001209191-05-030491
Insider Transaction Report
Form 4
LIVINGSTON PHILIP B
Director
Transactions
- Disposition to Issuer
Common Stock
2005-05-25$28.25/sh−5,700$161,025→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2005-05-25$11.25/sh−5,000$56,250→ 0 totalExercise: $17.00Exp: 2014-06-30→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-05-25$18.30/sh−10,000$183,000→ 0 totalExercise: $9.95Exp: 2013-03-05→ Commmon Stock (10,000 underlying)
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 $183,000, 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 canceled in the merger in exchange for a cash payment of $56,250, 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.
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, 1:54 PM ET
- Size
- 9.9 KB