SPORT SUPPLY GROUP, INC. 4
4 · SPORT SUPPLY GROUP, INC. · Filed Aug 5, 2010
Insider Transaction Report
Form 4
BABILLA TERRENCE M
Chief Operating Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-05−13,421→ 0 totalExercise: $9.56Exp: 2017-09-07→ Common Stock (13,421 underlying) - Disposition to Issuer
Common Stock
2010-08-05$13.55/sh−18,695$253,317→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-05$3.99/sh−116,579$465,150→ 0 totalExercise: $9.56Exp: 2017-09-07→ Common Stock (116,579 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-05$5.05/sh−87,500$441,875→ 0 totalExercise: $8.50Exp: 2016-06-15→ Common Stock (87,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-05−88,422→ 0 totalExercise: $7.21Exp: 2019-06-15→ Common Stock (88,422 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-05−104,285→ 0 totalExercise: $9.85Exp: 2018-07-02→ Common Stock (104,285 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the merger agreement with affiliates of ONCAP Management Partners, L.P. in exchange for $13.55 per share.
- [F2]This option, the last tranche of which was scheduled to vest on September 7, 2010, was cancelled in the merger in exchange for a cash payment of $465,150, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($13.55 per share).
- [F3]This option, the last tranche of which was scheduled to vest on September 7, 2010, was assumed by Sage Parent Company, Inc. ("Parent") in the merger and replaced with an option to purchase shares of common stock of Parent having a value of $53,550.
- [F4]This option, which was fully vested, was cancelled in the merger in exchange for a cash payment of $441,875, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($13.55 per share).
- [F5]This option, the last tranche of which was scheduled to vest on July 2, 2011, was assumed by Parent in the merger and replaced with an option to purchase shares of common stock of Parent having a value of $385,855.
- [F6]This option, the last two tranches of which were scheduled to vest on July 1, 2011 and July 1, 2012, respectively, was assumed by Parent in the merger and replaced with an option to purchase shares of common stock of Parent having a value of $560,595.