Herdman Kirk 4
4 · SOTERA DEFENSE SOLUTIONS, INC. · Filed Apr 4, 2011
Insider Transaction Report
Form 4
Herdman Kirk
Senior VP, Bus. Dev. and Op.
Transactions
- Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$9.88/sh−20,000$197,600→ 0 totalExercise: $14.37Exp: 2019-12-16→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$11.18/sh−32,789$366,581→ 0 totalExercise: $13.07Exp: 2019-11-25→ Common Stock (32,789 underlying) - Disposition from Tender
Common Stock
2011-04-04$24.25/sh−9,064$219,802→ 0 total(indirect: By IRA)
Footnotes (4)
- [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 November 25, 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]Under the Merger Agreement, this option, which provided for vesting in four equal annual installments beginning December 16, 2010, was canceled in exchange for a cash payment representing the difference between $24.25 per share and the exercise price of the option.
- [F4]Under 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.