Schumacher Judy 4
4 · MAIN STREET RESTAURANT GROUP, INC. · Filed Jun 30, 2006
Insider Transaction Report
Form 4
Schumacher Judy
VP Marketing & Communications
Transactions
- Disposition from Tender
Common Stock
2006-06-28$6.40/sh−1,000$6,400→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-06-30$4.30/sh−15,000$64,500→ 0 totalExercise: $2.10Exp: 2015-02-22→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-06-30$0.83/sh−10,000$8,300→ 0 totalExercise: $5.57Exp: 2015-09-16→ Common Stock (10,000 underlying)
Footnotes (1)
- [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.