4//SEC Filing
POTTS W MICHAEL 4
Accession 0001209191-05-058881
CIK 0000718449other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 7:39 PM ET
Size
17.9 KB
Accession
0001209191-05-058881
Insider Transaction Report
Form 4
TBC CORPTBCC
POTTS W MICHAEL
Senior VP of Human Resources
Transactions
- Disposition to Issuer
Common Stock
2005-11-17$35.00/sh−44,731$1,565,585→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$22.38/sh−5,003$111,967→ 0 totalExercise: $12.62Exp: 2013-01-09→ Common Stock (5,003 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$21.95/sh−332$7,287→ 0 totalExercise: $13.05Exp: 2012-01-05→ Common Stock (332 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$19.00/sh−65$1,235→ 0 totalExercise: $16.00Exp: 2013-04-29→ Common Stock (65 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$7.10/sh−6,650$47,215→ 0 totalExercise: $27.90Exp: 2014-01-25→ Common Stock (6,650 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$9.39/sh−15,000$140,850→ 0 totalExercise: $25.61Exp: 2015-01-25→ Common Stock (15,000 underlying)
Footnotes (6)
- [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 $1,565,585 representing the number of shares held by the reporting person (44,731) 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 $7,287.40 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 $111,967.14 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, which vests in three equal annual installments beginning on 04/30/04, was canceled in the merger in exchange for a cash payment of $1,235 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 $47,215 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 vests in three equal annual installments beginning on 01/26/06, was canceled in the merger in exchange for a cash payment of $140,850 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
Documents
Issuer
TBC CORP
CIK 0000718449
Entity typeother
Related Parties
1- filerCIK 0001237650
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 7:39 PM ET
- Size
- 17.9 KB