SPECTRASITE INC 4
4 · SPECTRASITE INC · Filed Aug 8, 2005
Insider Transaction Report
Form 4
PRESTWOOD THOMAS A
President-Broadcast Division
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-08-05−9,800→ 31,666 totalExercise: $13.07Exp: 2013-03-12→ Common Stock (9,800 underlying) - Exercise/Conversion
Common Stock
2005-08-04$13.07/sh+58,284$762,063→ 58,284 total - Sale
Common Stock
2005-08-05$81.82/sh−9,800$801,821→ 0 total - Sale
Common Stock
2005-08-04$81.80/sh−58,284$4,767,439→ 0 total - Exercise/Conversion
Common Stock
2005-08-05$13.07/sh+9,800$128,135→ 9,800 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-08-04−58,284→ 41,466 totalExercise: $13.07Exp: 2013-03-12→ Common Stock (58,284 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.