Grierson Douglas 4
4 · GENTEK INC · Filed Oct 30, 2009
Insider Transaction Report
Form 4
GENTEK INCGETI
Grierson Douglas
Vice President, Controller
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2009-10-29−19,442→ 0 totalFrom: 2009-10-29→ Common Stock (19,442 underlying) - Disposition to Issuer
Common Stock
2009-10-28$38.00/sh−10,249$389,462→ 0 total - Disposition to Issuer
Common Stock
2009-10-29$38.00/sh−7,603$288,914→ 0 total
Footnotes (4)
- [F1]Disposed pursuant to the merger agreement between the Issuer, ASP GT Holding Corp. and ASP GT Acquisition Corp.
- [F2]This restricted stock, which originally provided for vesting in equal annual installments from the date of grant and for which the vesting was accelerated in connection with the merger, was cancelled in the merger in exchange for a cash payment.
- [F3]The purchase price is based upon the difference between $38.00 and the applicable per share option exercise price of unvested options that have been accelerated prior to the merger. All of the Reporting Person's option shares have been cancelled.
- [F4]These options, which originally provided for vesting in equal annual installments from the date of grant and for which the vesting was accelerated in connection with the merger, were cancelled in the merger in exchange for a cash payment.