Braman William A 4
4 · AMERICAN COMMERCIAL LINES INC. · Filed Dec 23, 2010
Insider Transaction Report
Form 4
Braman William A
SVP & COO Transport. Services
Transactions
- Disposition to Issuer
Common Stock
2010-12-21−5,880→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−13,056→ 0 totalExercise: $9.96Exp: 2019-03-09→ Common Stock (13,056 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−5,637→ 0 totalExercise: $22.01Exp: 2020-02-15→ Common Stock (5,637 underlying)
Footnotes (5)
- [F1]The restricted stock units held by the reporting person were cancelled pursuant to the terms of the Agreement and Plan of Merger by and among the issuer, Finn Holding Corporation (the "Parent") and Finn Merger Corporation, dated as of October 18, 2010 (the "Merger Agreement") and, as set forth in the Merger Agreement, shall be assumed or substituted by Parent and converted automatically upon the closing of the merger into restricted stock units denominated in shares of common stock of Parent.
- [F2]This stock option grant vests in three equal installments on February 15, 2011, February 15, 2012, and February 15, 2013.
- [F3]This option was cancelled pursuant to the terms of the Merger Agreement, and, as set forth in the Merger Agreement, shall be assumed or substituted by Parent and converted automatically upon the closing of the merger into options denominated in shares of common stock of Parent.
- [F4]This stock option grant vests in three equal installments on March 9, 2010, March 9, 2011, and March 9, 2012
- [F5]This option was cancelled pursuant to the terms of the Merger Agreement, and, as set forth in the Merger Agreement, (i) 4,352 shares (the "Vested Shares") were exchanged for cash equal to the difference between the Merger Consideration and the option exercise price multiplied by the number of Vested Shares and (ii) 8,704 shares shall be assumed or substituted by Parent and converted automatically upon the closing of the merger into options denominated in shares of common stock of Parent.