4//SEC Filing
HERRON MICHAEL J 4
Accession 0001209191-06-038860
CIK 0000847466other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 4:41 PM ET
Size
18.6 KB
Accession
0001209191-06-038860
Insider Transaction Report
Form 4
HERRON MICHAEL J
Vice President and Secretary
Transactions
- Disposition from Tender
Common Stock
2006-06-28$6.40/sh−7,050$45,120→ 0 total - Disposition from Tender
Common Stock
2006-06-28$6.40/sh−13,700$87,680→ 0 total(indirect: By Spouse) - Disposition to Issuer
Restricted Stock Units
2006-06-30$6.40/sh−5,000$32,000→ 0 totalExp: 2011-12-31→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-06-30$2.75/sh−10,000$27,500→ 0 totalExercise: $3.65Exp: 2011-06-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-06-30$2.24/sh−5,000$11,200→ 0 totalExercise: $4.16Exp: 2012-07-23→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]This option was cancelled in connection with the merger (the "Merger") of Main Street Acquisition Corporation with and into Main Street Restaurant Group, Inc. (the "Company") in exchange for a cash payment per share, whether vested or unvested, representing the difference between the exercise price of the option and the tender offer price of $6.40, as set forth in the Agreement and Plan of Merger dated as of May 19, 2006 (the "Merger Agreement") by and among the Company, Main Street Acquisition Corporation, and Briad Main Street, Inc.
- [F2]The restricted stock units are exercisable 1-for-1. In connection with the Merger, the vesting of shares subject to the restricted stock units was accelerated and the reporting person received a cash payment of $6.40 per share instead of shares of Company common stock subject to the restricted stock units.
Documents
Issuer
MAIN STREET RESTAURANT GROUP, INC.
CIK 0000847466
Entity typeother
Related Parties
1- filerCIK 0001207735
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 4:41 PM ET
- Size
- 18.6 KB