RAILAMERICA INC /DE 4
4 · RAILAMERICA INC /DE · Filed Feb 21, 2007
Insider Transaction Report
Form 4
Curtis Harold R
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2007-02-14$5.16/sh−50,000$258,000→ 0 totalExercise: $11.19Exp: 2014-10-01→ Common Stock (50,000 underlying) - Disposition to Issuer
COMMON STOCK, $.001 PAR VALUE
2007-02-14$16.35/sh−7,334$119,911→ 0 total
Footnotes (3)
- [F1]Includes grant of 1,667 shares of restricted stock for no consideration. It provided for the shares vesting thirty three and one third percent (33 1/3%) on each of May 25,2007, May 25,2008, and May 25, 2009.
- [F2]Canceled pursuant to merger agreement among Issuer, RR Acquisition Holding LLC and RR Acquisition Sub Inc. in exchange for a cash payment of $119,910.90 representing the aggregate cash merger consideration based on $16.35 per share.
- [F3]This option was canceled in the merger in exchange for a cash payment of $258,000, representing the difference between the exercise price of the option and the $16.35 per share cash merger consideration. The option provided that thirty three and one-third percent (33 1/3%) of such options became exercisable on each of Oct. 1, 2004, Oct. 1, 2005, and Oct. 1, 2006.