PENTON MEDIA INC 4
4 · PENTON MEDIA INC · Filed Feb 5, 2007
Insider Transaction Report
Form 4
PENTON MEDIA INCPTON:OB
NUSSBAUM DAVID B
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Stock Option - Right to Buy
2007-02-01−70,000→ 0 totalExercise: $0.90Exp: 2014-02-03→ Common Stock (70,000 underlying) - Disposition to Issuer
Stock Option - Right to Buy
2007-02-01−50,000→ 0 totalExercise: $6.89Exp: 2011-11-16→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option - Right to Buy
2007-02-01−20,000→ 0 totalExercise: $22.94Exp: 2010-02-01→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock, par value, $0.01 per share
2007-02-01$0.81/sh−23,492$18,930→ 0 total - Disposition to Issuer
Stock Option - Right to Buy
2007-02-01−25,000→ 0 totalExercise: $24.10Exp: 2011-02-06→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option - Right to Buy
2007-02-01−13,500→ 0 totalExercise: $21.50Exp: 2009-01-27→ Common Stock (13,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of November 1, 2006, by and among Prism Business Media Holdings, Inc., Prism Acquisition Co. and Penton Media, Inc. (the "Merger Agreement") in exchange for a cash payment of $0.8058 per share.
- [F2]Pursuant to the Merger Agreement, these options were cancelled.
- [F3]Pursuant to the Merger Agreement, these options were cancelled in exchange for a cash payment representing the number of options multiplied by the excess of the merger consideration of $0.8058 per share over the exercise price per share of each option.