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4//SEC Filing

DICK KENNETH P 4

Accession 0001209191-05-058871

CIK 0000718449other

Filed

Nov 20, 7:00 PM ET

Accepted

Nov 21, 7:33 PM ET

Size

25.5 KB

Accession

0001209191-05-058871

Insider Transaction Report

Form 4
Period: 2005-11-17
DICK KENNETH P
President of Subsidiary
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$22.38/sh28,526$638,4120 total
    Exercise: $12.62Exp: 2013-01-09Common Stock (28,526 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$29.25/sh32,769$958,4930 total
    Exercise: $5.75Exp: 2010-01-04Common Stock (32,769 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$9.39/sh15,500$145,5450 total
    Exercise: $25.61Exp: 2015-01-25Common Stock (15,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$26.30/sh24,000$631,2000 total
    Exercise: $8.70Exp: 2011-06-26Common Stock (24,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$28.88/sh3,930$113,4790 total
    Exercise: $6.13Exp: 2011-01-13Common Stock (3,930 underlying)
  • Disposition to Issuer

    Common Stock

    2005-11-17$35.00/sh82,014$2,870,4900 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$7.10/sh14,250$101,1750 total
    Exercise: $27.90Exp: 2014-01-25Common Stock (14,250 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$21.95/sh13,984$306,9490 total
    Exercise: $13.05Exp: 2012-01-05Common Stock (13,984 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-11-17$8.30/sh4,724$39,2090 total
    Exercise: $26.70Exp: 2015-01-25Common 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).

Issuer

TBC CORP

CIK 0000718449

Entity typeother

Related Parties

1
  • filerCIK 0001237649

Filing Metadata

Form type
4
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 7:33 PM ET
Size
25.5 KB