4//SEC Filing
WELLS BEN K 4
Accession 0001209191-10-050990
CIK 0001352801other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 5:02 PM ET
Size
25.8 KB
Accession
0001209191-10-050990
Insider Transaction Report
Form 4
WELLS BEN K
CFO
Transactions
- Disposition to Issuer
Option to Purchase Common Stock
2010-10-19$5.69/sh−55,878$317,946→ 0 totalExercise: $18.31Exp: 2019-08-26→ Common Stock (55,878 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2010-10-19−40,981→ 0 totalExercise: $26.16Exp: 2018-08-22→ Common Stock (40,981 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2010-10-19$13.75/sh−39,151$538,326→ 0 totalExercise: $10.25Exp: 2015-08-21→ Common Stock (39,151 underlying) - Disposition from Tender
Common Stock
2010-10-15$24.00/sh−34,151$819,624→ 64,488 total - Disposition to Issuer
Option to Purchase Common Stock
2010-10-19$7.00/sh−71,083$497,581→ 0 totalExercise: $17.00Exp: 2016-05-17→ Common Stock (71,083 underlying) - Disposition to Issuer
Common Stock
2010-10-19$24.00/sh−64,488$1,547,712→ 0 total - Disposition to Issuer
Option to Purchase Common Stock
2010-10-19$0.65/sh−42,987$27,942→ 0 totalExercise: $23.35Exp: 2017-08-26→ Common Stock (42,987 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2010-10-19$6.49/sh−64,091$415,951→ 0 totalExercise: $17.51Exp: 2020-08-25→ Common Stock (64,091 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2010-10-19$2.36/sh−131,731$310,885→ 0 totalExercise: $21.64Exp: 2016-02-14→ Common Stock (131,731 underlying)
Footnotes (8)
- [F1]Represents restricted stock units (RSUs) and performance based restricted stock units (PBRSUs) that vested and were canceled at the effective time of the merger (the "Merger") in exchange for a cash payment representing the number of units multiplied by the per share purchase price of $24.00 pursuant to that certain Agreement and Plan of Merger, dated September 2, 2010, by and among Burger King Holdings, Inc. (the "Company"), Blue Acquisition Holding Corporation and Blue Acquisition Sub, Inc. Sixty percent of the PBRSUs and 11,243 RSUs, will be placed in a trust account established with a third party for the reporting person's benefit. The amounts in the trust account will be released in six substantially equal installments on the first business day of each of the first six months following October 19, 2010, subject to the reporting person's continued service until each such date, subject to certain exceptions.
- [F2]This option, which provided for 25% vesting on each of 8/25/2011, 8/25/2012, 8/25/2013 and 8/25/2014, was canceled in the Merger in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $24.00. Sixty percent of the proceeds from this award will be placed in a trust account established with a third party for the reporting person's benefit. The amounts in the trust account will be released in six substantially equal installments on the first business day of each of the first six months following October 19, 2010, subject to the reporting person's continued service until each such date, subject to certain exceptions.
- [F3]This option, which provided for 25% vesting on each of 8/26/2010, 8/26/2011, 8/26/2012 and 8/26/2013, was canceled in the Merger in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $24.00
- [F4]This option, which provided for 25% vesting on each of 8/22/2009, 8/22/2010, 8/22/2011 and 8/22/2012, was canceled in the Merger in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $24.00.
- [F5]This option, which provided for 25% vesting on each of 8/27/2008, 8/27/2009, 8/27/2010 and 8/27/2011, was canceled in the Merger in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $24.00.
- [F6]This option, which provided for 20% vesting on each of 5/17/2007, 5/17/2008, 5/17/2009, 5/17/2010 and 5/17/2011, was canceled in the Merger in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $24.00.
- [F7]This option, which provided for 20% vesting on each of 2/14/2007, 2/14/2008, 2/14/2009, 2/14/2010 and 2/14/2011, was canceled in the Merger in exchange for a cash payment representing the number of shares of th
- [F8]This option, which provided for 20% vesting on each of 08/21/2006, 08/21/2007, 8/21/2008, 8/21/2009 and 8/21/2010, was canceled in the Merger in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $24.00.
Documents
Issuer
Burger King Holdings Inc
CIK 0001352801
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001085003
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 5:02 PM ET
- Size
- 25.8 KB