RUBIOS RESTAURANTS INC 4
4 · RUBIOS RESTAURANTS INC · Filed Aug 24, 2010
Insider Transaction Report
Form 4
PITTARD DANIEL E
President and CEO
Transactions
- Other
Common Stock
2010-08-24$8.70/sh−15,840$137,808→ 0 total - Other
Stock Option (Right to Buy)
2010-08-24$8.70/sh−300,000$2,610,000→ 0 totalExercise: $8.20Exp: 2016-08-21→ Common (300,000 underlying) - Disposition to Issuer
Common Stock
2010-08-24$8.70/sh−13,000$113,100→ 0 total - Other
Stock Option (Right to Buy)
2010-08-24$8.70/sh−48,000$417,600→ 0 totalExercise: $4.09Exp: 2018-12-11→ Common (48,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement ("Merger Agreement") by and among Issuer, MRRC Hold Co. and MRRC Merger Co. in exchange for $8.70 per share in cash.
- [F2]The Restricted Stock Units ("RSU") are unvested and represents a contingent right to receive one share of common stock per each RSU. Each RSU that is unvested at the effective time of the merger contemplated by the Merger Agreement shall be converted automatically into a right to receive a payment equal to $8.70 for each RSU, payable in accordance with the applicable vesting schedule set forth in the award for such RSU.
- [F3]The shares underlying this option are fully vested. The option has been cancelled in the merger in exchange for a cash payment representing the difference between the exercise price of the option and the merger price of the Issuer's common stock ($8.70 per share).
- [F4]The shares underlying this option are unvested. Each option that is unvested at the effective time of the merger contemplated by the Merger Agreement shall be converted automatically into a right to receive a payment representing the difference between the exercise price of the option and the merger price of the Issuer's common stock ($8.70 per share), payable in accordance with the applicable vesting schedule set forth in the award for such option.