GTECH HOLDINGS CORP 4
4 · GTECH HOLDINGS CORP · Filed Aug 29, 2006
Insider Transaction Report
Form 4
NYMAN TIM
Senior Vice President
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2006-08-29$11.49/sh−60,000$689,400→ 0 totalExercise: $23.51Exp: 2015-04-03→ Common Stock (60,000 underlying) - Disposition to Issuer
Stock Options (right to buy)
2006-08-29$23.35/sh−20,000$467,000→ 0 totalExercise: $11.65Exp: 2012-04-02→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Options (right to buy)
2006-08-29$5.47/sh−39,000$213,330→ 0 totalExercise: $29.53Exp: 2014-04-04→ Common Stock (39,000 underlying) - Disposition to Issuer
Common Stock
2006-08-29$35.00/sh−70,218.792$2,457,658→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2006-08-29$18.30/sh−50,000$915,000→ 0 totalExercise: $16.70Exp: 2013-03-31→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to a merger agreement between Issuer and Lottomatica S.p.A. pursuant to which each share of Issuer's Common Stock was converted into the right to receive $35.00 in cash.
- [F2]This option, which provided for vesting in equal installments over time following the date of grant, was canceled in the merger in exchange for a cash payment representing the difference between the exercise price of the option and $35.00, multiplied by the number of shares subject to the option.