Home/Filings/4/0001209191-05-041578
4//SEC Filing

PRESTWOOD THOMAS A 4

Accession 0001209191-05-041578

CIK 0001072048other

Filed

Aug 8, 8:00 PM ET

Accepted

Aug 9, 3:09 PM ET

Size

6.2 KB

Accession

0001209191-05-041578

Insider Transaction Report

Form 4
Period: 2005-08-08
PRESTWOOD THOMAS A
President-Broadcast Division
Transactions
  • Disposition to Issuer

    Employee stock option (right to buy)

    2005-08-0831,6660 total
    Exercise: $13.08Exp: 2013-03-12Common Stock (31,666 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 among the issuer, ATC and Asteroid Merger Sub, LLC, a direct wholly-owned subsidiary of ATC, and was replaced with an option to purchase 113,205 shares of ATC common stock for $3.66 per share.

Issuer

SPECTRASITE INC

CIK 0001072048

Entity typeother

Related Parties

1
  • filerCIK 0001207242

Filing Metadata

Form type
4
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 3:09 PM ET
Size
6.2 KB