Home/Filings/4/0001209191-07-053617
4//SEC Filing

Chaparral Steel CO 4

Accession 0001209191-07-053617

CIK 0001319048operating

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 10:24 AM ET

Size

20.6 KB

Accession

0001209191-07-053617

Insider Transaction Report

Form 4
Period: 2007-09-14
Hughes J Celtyn
VP & Chief Financial Officer
Transactions
  • Disposition to Issuer

    Stock Option (right to purchase)

    2007-09-14$23.14/sh5,169$119,5940 total
    Exercise: $62.86Exp: 2017-04-11Common Stock (5,169 underlying)
  • Disposition to Issuer

    Common Stock

    2007-09-14$86.00/sh2,329.908$200,3720 total(indirect: By 401(k))
  • Disposition to Issuer

    Stock Option (right to purchase)

    2007-09-14$75.88/sh32,000$2,428,0800 total
    Exercise: $10.12Exp: 2015-08-02Common Stock (32,000 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2007-09-14$78.36/sh14,402$1,128,4690 total
    Exercise: $7.64Exp: 2015-01-11Common Stock (14,402 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2007-09-14$47.21/sh8,378$395,5170 total
    Exercise: $38.79Exp: 2016-10-11Common Stock (8,378 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2007-09-14$83.33/sh20,808$1,733,8270 total
    Exercise: $2.67Exp: 2013-05-15Common Stock (20,808 underlying)
  • Disposition to Issuer

    Common Stock

    2007-09-14$86.00/sh52,231$4,491,8660 total
  • Disposition to Issuer

    Stock Option (right to purchase)

    2007-09-14$82.92/sh16,006$1,327,2180 total
    Exercise: $3.08Exp: 2013-01-15Common Stock (16,006 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 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.

Issuer

Chaparral Steel CO

CIK 0001319048

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001319048

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 10:24 AM ET
Size
20.6 KB