4//SEC Filing
Rapier Stacey V 4
Accession 0001209191-10-028556
CIK 0001436040other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 3:47 PM ET
Size
22.9 KB
Accession
0001209191-10-028556
Insider Transaction Report
Form 4
Rapier Stacey V
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2010-05-14−1,688→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-05-14−8,917→ 0 totalExercise: $24.72Exp: 2012-07-13→ Common Stock (8,917 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-05-14−15,000→ 0 totalExercise: $21.19Exp: 2015-02-20→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-05-14−15,605→ 0 totalExercise: $28.59Exp: 2013-07-12→ Common Stock (15,605 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-05-14−15,605→ 0 totalExercise: $28.78Exp: 2014-07-10→ Common Stock (15,605 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-05-14−15,000→ 0 totalExercise: $19.06Exp: 2014-12-02→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-05-14−8,000→ 0 totalExercise: $41.23Exp: 2016-02-19→ Common Stock (8,000 underlying) - Disposition to Issuer
Deferred Share Units
2010-05-14−6,576.86→ 0 total→ Common Stock (6,576.86 underlying)
Footnotes (4)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of January 18, 2010, as amended, by and among Brink's Home Security Holdings, Inc. (the "Company"), Tyco International Ltd. ("Tyco"), Barricade Merger Sub, Inc., and, solely for the purposes specified therein, ADT Security Services, Inc. (the "Merger Agreement"), and as announced by Tyco pursuant to a press release dated May 14, 2010, each outstanding share of the Company's common stock was converted into, effective as of May 14, 2010, the right to receive: (i) $13.15 in cash and 0.7562 Tyco shares, for those Company shareholders who made an all-cash election; (ii) 1.0951 Tyco shares, for those Company shareholders who made an all-stock election; and (iii) $12.75 in cash and 0.7666 Tyco shares, for those Company shareholders who made a mixed cash/stock election or who failed to make an election by the election deadline.
- [F2]Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding Company stock option, except for those stock options granted by the Company on February 19, 2010 (which will remain subject to existing vesting terms), automatically vested and became fully exercisable and converted into an option to purchase a number of Tyco common shares equal to the product of (i) the number of shares of Company common stock underlying such stock option prior to conversion and (ii) 1.0951, which is the exchange ratio applicable to a Company shareholder who made an all-stock election in connection with the merger (the "Exchange Ratio").
- [F3]Under the terms of the Key Employees' Deferred Compensation Program (the "Program"), the Reporting Person has chosen to make salary deferrals to an incentive account. On the first business day of each month, the amount of salary deferred to the Reporting Person's account during the previous month, plus any matching amounts, is converted into units representing shares of Company common stock and credited to the Reporting Person's account in accordance with the terms of the Program. Dividends are calculated and credited to the Reporting Person's total account balance in accordance with the terms of the Program.
- [F4]Pursuant to the Merger Agreement, at the effective time of the merger each outstanding Company deferred share unit converted, at Tyco's election, into a right to receive an account under Tyco's supplemental retirement plan with a notional balance equal to the product of (i) the number of shares of Company common stock subject to such deferred unit prior to conversion and (ii) $42.50.
Documents
Issuer
Brink's Home Security Holdings, Inc.
CIK 0001436040
Entity typeother
Related Parties
1- filerCIK 0001447000
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 3:47 PM ET
- Size
- 22.9 KB