4//SEC Filing
Morrison Randi V 4
Accession 0001209191-06-038913
CIK 0001051848other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 6:21 PM ET
Size
13.0 KB
Accession
0001209191-06-038913
Insider Transaction Report
Form 4
Morrison Randi V
SVP, GC & Secretary
Transactions
- Tax Payment
Common Stock
2006-06-28$12.10/sh−157$1,900→ 4,615 total
Holdings
- 5,089
Non-Qualified Stock Option (right to buy)
Exercise: $19.58Exp: 2011-02-02→ Common Stock (5,089 underlying) - 7,727
Non-Qualified Stock Option (right to buy)
Exercise: $16.35Exp: 2012-06-28→ Common Stock (7,727 underlying) - 660
Non-Qualified Stock Option (right to buy)
Exercise: $9.87Exp: 2009-04-05→ Common Stock (660 underlying) - 12,000
Non-Qualified Stock Option (right to buy)
Exercise: $13.32Exp: 2011-10-18→ Common Stock (12,000 underlying)
Footnotes (7)
- [F1]Represents shares of restricted stock granted June 28, 2005 (the "Grant Date") surrendered to the Company solely for the purpose of satisfying tax obligations arising upon the vesting of a portion of the restricted shares awarded on the Grant Date.
- [F2]Includes 1920 shares of Restricted Common Stock, which is subject to vesting.
- [F3]This option grant is fully vested.
- [F4]On January 29, 2006, the Company accelerated the vesting of all stock options with an exercise price greater than $15.90 per share (i.e., all "underwater" options as of the close of market on January 27, 2006, the previous business day), which includes this option grant with an exercise price of $19.58. Sales of such shares by officers and employees may not occur until the original vesting dates, and sales of any such shares by officers and employees who terminate their employment with the Company (subject to certain exceptions in the case of retirement, death, disability and change of control) are disallowed for 3 years following the later of the date of their termination of employment and their exercise of the options. As of January 29, 2006 1/3 of the grant had already vested. An additional 1/3 of the grant vested on 2/2/2006. The remaining 1/3 of the original grant may be sold on or after 2/2/2007.
- [F5]This option grant becomes vested and exercisable at the rate of one-third on 6/28/2006, one-third on 6/28/2007, and one-third on 6/28/2008.
- [F6]This option grant becomes vested and exercisable at the rate of one-third on 10/18/2005, one-third on 10/18/2006, and one-third on 10/18/2007.
- [F7]On January 29, 2006, the Company accelerated the vesting of all stock options with an exercise price greater than $15.90 per share (i.e., all "underwater" options as of the close of market on January 27, 2006, the previous business day), which includes this option grant with an exercise price of $16.35. Sales of such shares by officers and employees may not occur until the original vesting dates, and sales of any such shares by officers and employees who terminate their employment with the Company (subject to certain exceptions in the case of retirement, death, disability and change of control) are disallowed for 3 years following the later of the date of their termination of employment and their exercise of the options. Accordingly, the option holder may only sell up to 1/3 of the original grant on or after 6/28/06, up to 2/3 of the original grant on or after 6/28/07 and up to the full amount of the original grant on or after 6/28/08.
Documents
Issuer
CSK AUTO CORP
CIK 0001051848
Entity typeother
Related Parties
1- filerCIK 0001335926
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 6:21 PM ET
- Size
- 13.0 KB