Esmark INC 4
4 · Esmark INC · Filed Aug 6, 2008
Insider Transaction Report
Form 4
Esmark INCESMK
Peduzzi Joseph Peter
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2008-08-04−522→ 0 totalExercise: $23.96Exp: 2017-05-14→ Common Stock (522 underlying) - Disposition to Issuer
Deferred Stock Unit
2008-08-04−4,995→ 0 total→ Common Stock (4,995 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-08-04$1.63/sh−113$184→ 0 totalExercise: $17.62Exp: 2016-12-05→ Common Stock (113 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-08-04$2.12/sh−730$1,548→ 0 totalExercise: $17.13Exp: 2017-08-14→ Common Stock (730 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-08-04−527→ 0 totalExercise: $23.73Exp: 2017-03-14→ Common Stock (527 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-08-04−648→ 0 totalExercise: $19.28Exp: 2017-11-18→ Common Stock (648 underlying)
Footnotes (4)
- [F1]Each Deferred Stock Unit became payable, was cancelled in the merger and exchanged for a cash payment of $19.25 per unit, pursuant to the Agreement and Plan of Merger, dated June 25, 2008, by and among OAO Severstal and Esmark Incorporated.
- [F2]This option, which vested immediately upon the date of grant, was cancelled in the merger and automatically ceased to exist in exchange for a cash payment of $184.19, representing the product of (i) the excess of (x) $19.25 over (y) the per share exercise price of such option and (ii) the number of shares subject to such option as of the Effective Time, pursuant to the Agreement and Plan of Merger, dated June 25, 2008 by and among OAO Severstal and Esmark Incorporated.
- [F3]This option, which vested immediately upon the date of grant, was cancelled in the merger and automatically ceased to exist without cash payment because the exercise price was greater than $19.25 per share, pursuant to the Agreement and Plan of Merger, dated June 25, 2008 by and among OAO Severstal and Esmark Incorporated.
- [F4]This option, which vested immediately upon the date of grant, was cancelled in the merger and automatically ceased to exist in exchange for a cash payment of $1,547.60, representing the product of (i) the excess of (x) $19.25 over (y) the per share exercise price of such option and (ii) the number of shares subject to such option as of the Effective Time, pursuant to the Agreement and Plan of Merger, dated June 25, 2008 by and among OAO Severstal and Esmark Incorporated.