ARGON ST, Inc. 4
4 · ARGON ST, Inc. · Filed Aug 5, 2010
Insider Transaction Report
Form 4
ARGON ST, Inc.STST
ROCKWELL S KENT
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2010-08-05$34.50/sh−4,000$138,000→ 0 total→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-08-05$34.50/sh−6,500$224,250→ 0 totalExercise: $14.22Exp: 2013-12-12→ Common Stock (6,500 underlying) - Disposition from Tender
Common Stock
2010-08-05$34.50/sh−208,000$7,176,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-08-05$34.50/sh−50,000$1,725,000→ 0 totalExercise: $7.67Exp: 2012-02-12→ Common Stock (50,000 underlying)
Footnotes (5)
- [F1]This option was cancelled in the tender offer that expired on August 4, 2010 in exchange for a cash payment of $1,341,500, representing the difference between the exercise price of the option and the offer price ($34.50 per share) pursuant to the Merger Agreement between the issuer and The Boeing Company.
- [F2]This option was cancelled in the tender offer that expired on August 4, 2010 in exchange for a cash payment of $131,820, representing the difference between the exercise price of the option and the offer price ($34.50 per share) pursuant to the Merger Agreement between the issuer and The Boeing Company.
- [F3]Each restricted stock unit represents a contingent right to receive one (1) share of Argon ST, Inc. common stock.
- [F4]These restricted stock units were cancelled in the tender offer that expired on August 4, 2010 in exchange for a cash payment of $138,000 ($34.50 per share) pursuant to the Merger Agreement between the issuer and The Boeing Company.
- [F5]These restricted stock units vested automatically upon consummation of the tender offer on August 4, 2010.