Esmark INC 4
4 · Esmark INC · Filed Aug 6, 2008
Insider Transaction Report
Form 4
Esmark INCESMK
DICLEMENTE MICHAEL P
VP and Treasurer
Transactions
- Disposition from Tender
Common Stock
2008-08-04$19.25/sh−351$6,757→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Restricted Stock Unit
2008-08-04−13,167→ 0 total→ Common Stock (13,167 underlying) - Disposition to Issuer
Common Stock
2008-08-04$19.25/sh−13,167$253,465→ 4,350 total - Award
Common Stock
2008-08-04+13,167→ 17,517 total - Disposition from Tender
Common Stock
2008-08-04$19.25/sh−4,350$83,738→ 0 total
Footnotes (4)
- [F1]Represents the vesting of Restricted Stock Units originally scheduled to vest 3,333 units on May 3, 2009, 3,334 units on May 3, 2010 and 6,500 units on February 13, 2009. These units vest purusant to the Agreement and Plan of Merger, dated June 25, 2008, by and among OAO Severstal and Esmark Incorporated.
- [F2]Represents Restricted Stock Units that, pursuant to the Agreement and Plan of Merger, dated June 25, 2008, by and among OAO Severstal and Esmark Incorporated, were cancelled and exchanged for a cash payment of $19.25 per unit.
- [F3]Units held representing interests in the Esmark Incorporated Stock Fund under the Wheeling-Pittsburgh Corporation 401(k) Plan.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Esmark Incorporated common stock.