RAILAMERICA INC /DE 4
4 · RAILAMERICA INC /DE · Filed Feb 21, 2007
Insider Transaction Report
Form 4
MCNAMARA ANNE H
Director
Transactions
- Disposition to Issuer
COMMON STOCK, $.001 PAR VALUE
2007-02-14$16.35/sh−5,334$87,211→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2007-02-14$4.28/sh−50,000$214,000→ 0 totalExercise: $12.07Exp: 2015-04-01→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Includes a grant of 1,667 shares of restricted stock for no consideration. It provided for the shares vesting on May 25, 2007.
- [F2]Canceled pursuant to merger agreement among Issuer, RR Acquisition Holding LLC and RR Acquisition Sub Inc. in exchange for a cash payment of $87,210.90, 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 $214,000, 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 April 1, 2005 and April 1, 2006 and thirty three and one-third percent (33 1/3%) of such options will become exercisable on April 1, 2007.