LAMSON & SESSIONS CO 4
4 · LAMSON & SESSIONS CO · Filed Nov 7, 2007
Insider Transaction Report
Form 4
Rajecki James A
Vice President Operations
Transactions
- Disposition to Issuer
COMMON STOCK
2007-11-05$27.00/sh−590$15,930→ 0 total(indirect: See Footnote) - Disposition to Issuer
Stock Appreciation Rights
2007-11-05$1.49/sh−3,200$4,752→ 0 totalExercise: $25.52Exp: 2016-04-28→ Commn Shares (3,200 underlying) - Disposition to Issuer
COMMON STOCK
2007-11-05$27.00/sh−2,300$62,100→ 0 total - Disposition to Issuer
COMMON STOCK
2007-11-05$27.00/sh−42$1,134→ 0 total(indirect: See Footnote) - Disposition to Issuer
Stock Appreciation Rights
2007-11-05−2,900→ 0 totalExercise: $30.23Exp: 2017-02-23→ Common Shares (2,900 underlying)
Footnotes (3)
- [F1]Reflects disposition of shares in exchange for cash price indicated pursuant to the Agreement and Plan of Merger by and among Thomas & Betts Corporation, T&B Acquisition II Corp. and The Lamson & Sessions Co.
- [F2]The Stock Appreciation Rights, which provided for vesting in three equal annual installments beginning April 28, 2007, were canceled in the merger between Lamson & Sessions and Thomas & Betts in exchange for a cash payment of $27.00, minus exercise price.
- [F3]The Stock Appreciation Rights were cancelled as they are "underwater" based on the $27.00 per share cash payment per the Merger Agreement between Lamson & Sessions and Thomas & Betts.