DICK KENNETH P 4
4 · TBC CORP · Filed Nov 21, 2005
Insider Transaction Report
Form 4
TBC CORPTBCC
DICK KENNETH P
President of Subsidiary
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$22.38/sh−28,526$638,412→ 0 totalExercise: $12.62Exp: 2013-01-09→ Common Stock (28,526 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$29.25/sh−32,769$958,493→ 0 totalExercise: $5.75Exp: 2010-01-04→ Common Stock (32,769 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$9.39/sh−15,500$145,545→ 0 totalExercise: $25.61Exp: 2015-01-25→ Common Stock (15,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$26.30/sh−24,000$631,200→ 0 totalExercise: $8.70Exp: 2011-06-26→ Common Stock (24,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$28.88/sh−3,930$113,479→ 0 totalExercise: $6.13Exp: 2011-01-13→ Common Stock (3,930 underlying) - Disposition to Issuer
Common Stock
2005-11-17$35.00/sh−82,014$2,870,490→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$7.10/sh−14,250$101,175→ 0 totalExercise: $27.90Exp: 2014-01-25→ Common Stock (14,250 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$21.95/sh−13,984$306,949→ 0 totalExercise: $13.05Exp: 2012-01-05→ Common Stock (13,984 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$8.30/sh−4,724$39,209→ 0 totalExercise: $26.70Exp: 2015-01-25→ Common Stock (4,724 underlying)
Footnotes (9)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 18, 2005, by and among Sumitomo Corporation of America, Traction Acquisition Corp., and the issuer in exchange for a cash payment of $2,870,490 representing the number of shares held by the reporting person (82,014) multiplied by the merger price ($35/share).
- [F2]This option, which vests in three equal annual installments beginning on 01/06/03, was canceled in the merger in exchange for a cash payment of $306,948.80 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F3]This option, which vests in three equal annual installments beginning on 01/10/04, was canceled in the merger in exchange for a cash payment of $638,411.88 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F4]This option, one third of which vested on 01/05/01, another third of which vested on 01/05/02 and the balance vested on 01/05/03, was canceled in the merger in exchange for a cash payment of $958,493.25 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F5]This option, which vests in three equal annual installments beginning on 01/26/05, was canceled in the merger in exchange for a cash payment of $101,175 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F6]This option, which vested on 05/11/05, was canceled in the merger in exchange for a cash payment of $39,209.20 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F7]This option, one third of which vested on 01/14/02, another third of which vested on 01/14/03 and the balance vested on 01/14/04, was canceled in the merger in exchange for a cash payment of $113,478.75 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F8]This option, one third of which vested on 06/27/02, another third of which vested on 06/27/03 and the balance vested on 06/27/04, was canceled in the merger in exchange for a cash payment of $631,200 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F9]This option, which vests in three equal annual installments beginning on 01/26/06, was canceled in the merger in exchange for a cash payment of $145,545 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).