4//SEC Filing
CLARK STEPHEN H /NC/ 4
Accession 0001209191-05-041545
CIK 0001072048other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 1:52 PM ET
Size
6.2 KB
Accession
0001209191-05-041545
Insider Transaction Report
Form 4
CLARK STEPHEN H /NC/
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Employee stock option (right to buy)
2005-08-08−696,803→ 0 totalExercise: $14.91Exp: 2013-03-12→ Common Stock (696,803 underlying)
Footnotes (1)
- [F1]This option, which provided for 20% vesting on the grant date, 50% vesting ratably in each of the thirty six months following the grant and 30% vesting on the sixth anniversary of the grant, subject to accelerated vesting upon meeting performance targets, was assumed by American Tower Corporation ("ATC") pursuant to a merger agreement amont the issuer, ATC and Asteroid Merger Sub, LLC, a direct wholly-owned subsidiary of ATC, and was replaced with an option to purchase 2,491,070 shares of ATC common stock for $4.18 per share.
Documents
Issuer
SPECTRASITE INC
CIK 0001072048
Entity typeother
Related Parties
1- filerCIK 0001158394
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 1:52 PM ET
- Size
- 6.2 KB