Clark Jason 4
4 · T-3 ENERGY SERVICES INC · Filed Jan 11, 2011
Insider Transaction Report
Form 4
Clark Jason
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2011-01-10−4,500→ 0 total - Disposition to Issuer
Stock Option
2011-01-10−5,000→ 0 totalExercise: $31.21From: 2011-06-14Exp: 2017-06-14→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option
2011-01-10−13,000→ 0 totalExercise: $42.69From: 2009-03-20Exp: 2018-03-20→ Common Stock (13,000 underlying) - Disposition to Issuer
Stock Option
2011-01-10−3,350→ 0 totalExercise: $15.43From: 2011-06-04Exp: 2019-06-04→ Common Stock (3,350 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of October 6, 2010, by and among Robbins & Myers, Inc. ("RBN"), T-3 Energy Services, Inc. ("TTES"), Triple Merger I, Inc. and Triple Merger II, Inc. (the "Merger Agreement"), in exchange for $7.95 in cash plus 0.894 shares of common stock of Robbins & Myers, Inc. for each share of TTES Common Stock on January 10, 2011. Any fractional share will be paid in cash. Shares reported in Table I Column 4 include 4,500 restricted shares. These restricted shares were exchanged for $35,775 and 4,023 shares of RBN common stock.
- [F2]This option, which provided for vesting in three equal installments on March 20, 2009, March 20, 2010, and March 20, 2011, was assumed by RBN pursuant to the Merger Agreement and replaced with a fully vested and exercisable option to purchase 15,496 shares of RBN common stock at $35.82 per share, on the same terms and conditions as applicable to the original TTES option.
- [F3]This option, which provided for vesting in installments on June 4, 2011 and June 4, 2012, was assumed by RBN pursuant to the Merger Agreement and replaced with a fully vested and exercisable option to purchase 3,994 shares of RBN common stock at $12.95 per share, on the same terms and conditions as applicable to the original TTES option.
- [F4]This option, which provided for vesting in three equal installments on June 14, 2011, June 14, 2012 and June 14, 2013, was assumed by RBN pursuant to the Merger Agreement and replaced with a fully vested and exercisable option to purchase 5,960 shares of RBN common stock at $26.19 per share, on the same terms and conditions as applicable to the original TTES option.