4//SEC Filing
CSK AUTO CORP 4
Accession 0001209191-07-040008
CIK 0001051848operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 5:22 PM ET
Size
14.7 KB
Accession
0001209191-07-040008
Insider Transaction Report
Form 4
WARD DALE D
Senior Vice President
Transactions
- Tax Payment
Common Stock
2007-06-28$18.48/sh−699$12,918→ 15,982 total
Holdings
- 9,150
Non-Qualified Stock Option (right to buy)
Exercise: $14.00Exp: 2007-12-31→ Common Stock (9,150 underlying) - 250,000
Incentive Bonus Unit
Exercise: $20.00→ Incentive Bonus Unit (250,000 underlying) - 37,741
Non-Qualified Stock Option (right to buy)
Exercise: $16.61Exp: 2013-11-30→ Common Stock (37,741 underlying) - 28,676
Non-Qualified Stock Option (right to buy)
Exercise: $16.35Exp: 2012-06-28→ Common Stock (28,676 underlying) - 40,935
Non-Qualified Stock Option (right to buy)
Exercise: $13.32Exp: 2011-10-18→ Common Stock (40,935 underlying) - 4,125
Non-Qualified Stock Option (right to buy)
Exercise: $9.87Exp: 2009-05-05→ Common Stock (4,125 underlying)
Footnotes (7)
- [F1]Represents shares of restricted stock granted June 28, 2005 (the "Grant Date") surrendered to the Company solely for the purpose of satisfying tax obligations arising upon the vesting of a portion of the restricted shares awarded on the Grant Date.
- [F2]Includes 9,786 shares of Restricted Common Stock, which is subject to vesting.
- [F3]This option grant is fully vested.
- [F4]This option grant becomes vested and exercisable at the rate of one-third on 11/30/2007, one-third on 11/30/2008, and one-third on 11/30/2009.
- [F5]On January 29, 2006, the Company accelerated the vesting of all stock option grants with an exercise price greater than $15.90 per share, which includes this option grant with an exercise price of $16.35. Shares under this option grant are subject to a sale restriction that prohibits the option holder from selling the shares until the original vesting date. Accordingly, the option holder may only sell up to 1/3 of the original grant on or after 6/28/06, up to 2/3 of the original grant on or after 6/28/07 and up to the full amount of the original grant on or after 6/28/08.
- [F6]The reported incentive bonus units will become vested with respect to 25% of the total number of incentive bonus units granted on May 15 of each of the calendar years 2007, 2008, 2009 and 2010, and will entitle the reporting person to receive a distribution of cash equal in value to the amount by which the average of the per share closing prices of the Company's common stock over a specified period of time exceeds the base value of $20.00 (which is subject to adjustment in the event of a change in the Company's capitalization). In the event the formula decribed above results in no payment to the reporting person on a vesting date, then the incentive bonus units vesting on such date will be forfeited without consideration.
- [F7]This option grant becomes vested and exercisable at the rate of one-third on 10/18/2005, one-third on 10/18/2006, and one-third on 10/18/2007.
Documents
Issuer
CSK AUTO CORP
CIK 0001051848
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001051848
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 5:22 PM ET
- Size
- 14.7 KB