PAXAR CORP 4
4 · PAXAR CORP · Filed Jun 19, 2007
Insider Transaction Report
Form 4
PAXAR CORPPXR
Maue Richard A
Vice President and Controller
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2007-06-15−1,500→ 0 totalExercise: $17.78Exp: 2015-07-01→ Common Stock (1,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-06-15−7,500→ 0 totalExercise: $17.78Exp: 2015-07-01→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]The reporting person was granted options to purchase 10,000 shares of common stock on July 1, 2005, which became exercisable in four equal annual installments beginning on July 1, 2006. 7,500 shares remain unexercised portion and were cancelled in the merger between the issuer and Avery Dennison Corporation in exchange for options of Avery Dennisons'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 trading days immediately prior to the merger.
- [F2]The reporting person was granted options to purchase 2,000 shares of common stock on July 1, 2005, which became exercisable in four equal annual installments beginning on July 1, 2006. 1,500 shares remain unexercised portion and were cancelled in the merger between the issuer and Avery Dennison Corporation in exchange for options of Avery Dennisons's common stock, representing the product of 1,500 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 trading days immediately prior to the merger.