Weixel Michael 4
4 · SOTERA DEFENSE SOLUTIONS, INC. · Filed Apr 4, 2011
Insider Transaction Report
Form 4
Weixel Michael
Senior VP, Contracts and Admin
Transactions
- Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$7.94/sh−5,000$39,700→ 0 totalExercise: $16.31Exp: 2021-03-01→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$15.71/sh−21,859$343,405→ 0 totalExercise: $8.54Exp: 2019-01-01→ Common Stock (21,859 underlying) - Disposition from Tender
Common Stock
2011-04-04$24.25/sh−3,800$92,150→ 0 total
Footnotes (3)
- [F1]Represents shares tendered to Sentinel Acquisition Corporation ("Sentinel") pursuant to the Offer to Purchase, dated March 7, 2011.
- [F2]Pursuant to the Agreement and Plan of Merger, dated March 2, 2011, between Global Defense Technology & Systems, Inc., Sentinel, and Sentinel Acquisition Holdings Inc. (the "Merger Agreement"), this option, which provided for vesting in four equal annual installments beginning January 1, 2010, was canceled in exchange for a cash payment representing the difference between $24.25 per share and the exercise price of the option.
- [F3]Pursuant to the Merger Agreement, this option, which provided for vesting in four equal annual installments beginning March 1, 2012, was canceled in exchange for a cash payment representing the difference between $24.25 per share and the exercise price of the option.