4//SEC Filing
LAIDLAW INTERNATIONAL INC 4
Accession 0001209191-07-055376
CIK 0000737874operating
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 8:54 AM ET
Size
18.0 KB
Accession
0001209191-07-055376
Insider Transaction Report
Form 4
BENSON KEVIN E
Director
Transactions
- Disposition to Issuer
Common Stock
2007-10-01$35.25/sh−167,500$5,904,375→ 0 total - Disposition to Issuer
Common Stock
2007-10-01$35.25/sh−185,639$6,543,775→ 0 total - Disposition to Issuer
Employee Stock Option (right to \buy)
2007-10-01$6.38/sh−50,000$319,000→ 0 totalExercise: $28.87Exp: 2016-10-25→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-10-01$12.70/sh−100,000$1,270,000→ 0 totalExercise: $22.55Exp: 2015-11-08→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-10-01$16.40/sh−185,000$3,034,000→ 0 totalExercise: $18.85Exp: 2014-12-08→ Common Stock (185,000 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 8, 2007, among Laidlaw International, Inc., FirstGroup Acquisition Corporation (formerly known as Fern Acquisition Vehicle Corporation) and FirstGroup plc in exchange for the right to receive $35.25 per share.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of February 8, 2007, among Laidlaw International, Inc., FirstGroup Acquisition Corporation (formerly known as Fern Acquisition Vehicle Corporation) and FirstGroup plc, at the effective time of the merger, each restricted stock unit became fully vested and converted into the right to receive $35.25 per share.
- [F3]This option, which provided for vesting in three (3) equal annual installments beginning October 25, 2007, was canceled in the merger in exchange for a cash payment equal to the difference between the exercise price of the option and the merger consideration of $35.25 per share, multiplied by the number of shares subject to the option.
- [F4]This option, which provided for vesting in three (3) equal annual installments beginning November 8, 2006, was canceled in the merger in exchange for a cash payment equal to the difference between the exercise price of the option and the merger consideration of $35.25 per share, multiplied by the number of shares subject to the option.
- [F5]This option, which provided for vesting in three (3) equal annual installments beginning December 8, 2005, was canceled in the merger in exchange for a cash payment equal to the difference between the exercise price of the option and the merger consideration of $35.25 per share, multiplied by the number of shares subject to the option.
- [F6]This option, which provided for vesting in three (3) equal annual installments beginning November 24, 2004, was canceled in the merger in exchange for a cash payment equal to the difference between the exercise price of the option and the merger consideration of $35.25 per share, multiplied by the number of shares subject to the option.
Documents
Issuer
LAIDLAW INTERNATIONAL INC
CIK 0000737874
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000737874
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 8:54 AM ET
- Size
- 18.0 KB