BENATAR LEO 4
4 · PAXAR CORP · Filed Jun 19, 2007
Insider Transaction Report
Form 4
PAXAR CORPPXR
BENATAR LEO
Director
Transactions
- Disposition to Issuer
Common Stock
2007-06-15−23,506→ 0 total - Disposition to Issuer
Common Stock
2007-06-15−2,140→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-15−6,000→ 0 totalExercise: $14.38Exp: 2008-05-01→ Common Stock (6,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-15−7,500→ 0 totalExercise: $10.24Exp: 2013-04-30→ Common Stock (7,500 underlying)
Footnotes (10)
- [F1]Pursuant to a merger agreement between the issuer and the Avery Dennison Corporation, these shares were disposed of by the reporting person for $30.50 per share at the effective time of merger.
- [F10]The reporting person was granted options to purchase 7,500 shares of common stock on 6/06/05, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 7,500 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F2]Pursuant to a merger agreement between the issuer and the Avery Dennison Corporation, these shares were disposed of by the reporting person's spouse for $30.50 per share at the effective time of merger.
- [F3]The reporting person was granted options to purchase 6,000 shares of common stock on 5/1/98, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 6,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F4]The reporting person was granted options to purchase 6,000 shares of common stock on 5/7/99, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 6,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F5]The reporting person was granted options to purchase 6,000 shares of common stock on 5/4/00, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 6,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F6]The reporting person was granted options to purchase 6,000 shares of common stock on 4/26/01, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 6,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F7]The reporting person was granted options to purchase 6,000 shares of common stock on 4/30/02, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 6,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F8]The reporting person was granted options to purchase 7,500 shares of common stock on 4/30/03, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 7,500 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.
- [F9]The reporting person was granted options to purchase 7,500 shares of common stock on 4/29/04, which vested immediately. The unexercised portion of these options were cancelled in the merger in exchange for options to purchase shares of Avery Dennison's common stock, representing the product of 7,500 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 days immediately prior to the merger.