SEABULK INTERNATIONAL INC 4
4 · SEABULK INTERNATIONAL INC · Filed Jul 6, 2005
Insider Transaction Report
Form 4
DURKIN DAVID A
Director
Transactions
- Disposition to Issuer
DIRECTOR STOCK OPTION (RIGHT TO BUY)
2005-07-01−4,000→ 0 totalExercise: $8.87Exp: 2014-05-27→ COMMON STOCK (4,000 underlying) - Disposition to Issuer
DIRECTOR STOCK OPTION (RIGHT TO BUY)
2005-07-01−10,000→ 0 totalExercise: $8.61Exp: 2013-05-19→ COMMON STOCK (10,000 underlying)
Footnotes (2)
- [F1]This option, which provided for vesting on May 27, 2005, was converted into an option to purchase 1,078 shares of SEACOR Holdings Inc. ("SEACOR") common stock for $32.93 per share and receive $16,000.00 in cash pursuant to the Merger Agreement among Issuer, SEACOR, SBLK Acquisition Corp. and CORBULK LLC (the "Merger Agreement").
- [F2]This option, which provided for vesting on May 19, 2004, was converted into an option to purchase 2,694 shares of SEACOR common stock for $31.96 per share and receive $40,000.00 in cash pursuant to the Merger Agreement.