Chaparral Steel CO 4

4 · Chaparral Steel CO · Filed Sep 17, 2007

Form 4

Period: 2007-09-14

Vice President Human Resources

Transactions

Disposition to Issuer
Common Stock
2007-09-14$86.00/sh−403.519$34,703→ 0 total(indirect: By 401(k))
Disposition to Issuer
Stock Option (right to purchase)
2007-09-14$82.92/sh−4,800$398,016→ 0 total
Exercise: $3.08Exp: 2013-01-15→ Common Stock (4,800 underlying)
Disposition to Issuer
Stock Option (right to purchase)
2007-09-14$47.21/sh−4,640$219,050→ 0 total
Exercise: $38.79Exp: 2016-10-11→ Common Stock (4,640 underlying)
Disposition to Issuer
Common Stock
2007-09-14$86.00/sh−2,629.5$226,137→ 0 total
Disposition to Issuer
Stock Option (right to purchase)
2007-09-14$23.14/sh−2,863$66,240→ 0 total
Exercise: $62.86Exp: 2017-04-11→ Common Stock (2,863 underlying)
Disposition to Issuer
Stock Option (right to purchase)
2007-09-14$75.88/sh−19,200$1,456,848→ 0 total
Exercise: $10.12Exp: 2015-08-02→ Common Stock (19,200 underlying)

Footnotes (2)

[F1]These shares were disposed of in connection with Chaparral Steel Company's acquisition by Gerdau Ameristeel Corporation (effective September 14, 2007) (the "Acquisition"). Pursuant to the merger agreement, the reporting person is entitled to receive a cash payment equal to $86 multiplied by the number of shares which were disposed of in connection with the Acquisition.
[F2]These options, including options which were scheduled to vest in the future, were cancelled in connection with the Acquisition. Pursuant to the merger agreement, the reporting person is entitled to receive a cash payment equal to the difference between $86 and the exercise price of the subject options multiplied by the number of options which were cancelled in connection with the Acquisition.

Documents

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