ZAPATA CORP 4
4 · ZAPATA CORP · Filed Jun 1, 2007
Insider Transaction Report
Form 4
ZAPATA CORPZAP
GLAZER BRYAN G
Director
Transactions
- Tax Payment
Common Stock
2007-05-30$6.79/sh−94,935$644,609→ 32,737 total - Exercise/Conversion
Options
2007-05-30$5.78/sh−91,672$529,956→ 8,000 totalExercise: $5.78From: 1998-07-11Exp: 2007-07-11→ Common Stock (91,672 underlying) - Exercise/Conversion
Common Stock
2007-05-30$5.78/sh+91,672$529,956→ 127,672 total - Exercise/Conversion
Common Stock
2007-05-30$5.55/sh+16,000$88,752→ 127,672 total - Exercise/Conversion
Options
2007-05-30$5.55/sh−16,000$88,752→ 8,000 totalExercise: $5.55From: 1998-06-04Exp: 2007-06-04→ Common Stock (16,000 underlying)
Footnotes (1)
- [F1]Represents (i) 78,050 shares withheld by the issuer to pay the exercise price of the stock option pursuant to the net exercise provision of the issuer's Amended and Restated 1996 Long-Term Incentive Plan, and 3,814 shares withheld to cover the payment of withholding taxes under the Plan, and (ii) 13,071 shares withheld by the issuer to pay the exercise price of the stock option pursuant to the net exercise provision of the issuer's 1987 Special Incentive Plan. All shares withheld were valued at the closing price on the New York Stock Exchange on the date of exercise.