Home/Filings/4/0001209191-06-038869
4//SEC Filing

SHRADER WILLIAM G 4

Accession 0001209191-06-038869

CIK 0000847466other

Filed

Jun 29, 8:00 PM ET

Accepted

Jun 30, 4:55 PM ET

Size

32.2 KB

Accession

0001209191-06-038869

Insider Transaction Report

Form 4
Period: 2006-06-28
SHRADER WILLIAM G
DirectorPresident and COO
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2006-06-30$3.21/sh75,000$240,7500 total
    Exercise: $3.19Exp: 2009-12-27Common Stock (75,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2006-06-30$6.40/sh25,000$160,0000 total
    Exp: 2011-12-31Common Stock (25,000 underlying)
  • Disposition from Tender

    Common Stock

    2006-06-28$6.40/sh67,179$429,9460 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2006-06-30$2.96/sh150,000$444,0000 total
    Exercise: $3.44Exp: 2009-03-01Common Stock (150,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2006-06-30$3.09/sh50,000$154,5000 total
    Exercise: $3.31Exp: 2009-06-11Common Stock (50,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2006-06-30$4.25/sh100,000$425,0000 total
    Exercise: $2.15Exp: 2013-11-19Common Stock (100,000 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.

Issuer

MAIN STREET RESTAURANT GROUP, INC.

CIK 0000847466

Entity typeother

Related Parties

1
  • filerCIK 0001207675

Filing Metadata

Form type
4
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 4:55 PM ET
Size
32.2 KB