Hillen John F III 4
4 · SOTERA DEFENSE SOLUTIONS, INC. · Filed Apr 4, 2011
Insider Transaction Report
Form 4
Hillen John F III
DirectorPRESIDENT & CEO
Transactions
- Disposition to Issuer
Common Stock
2011-04-04$24.25/sh−4,000$97,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$7.88/sh−50,000$394,000→ 0 totalExercise: $16.37Exp: 2020-01-04→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2011-04-04$24.25/sh−74,000$1,794,500→ 0 total - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$15.71/sh−135,000$2,120,850→ 0 totalExercise: $8.54Exp: 2018-08-18→ Common Stock (135,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated March 2, 2011, between Global Defense Technology & Systems, Inc., Sentinel Acquisition Corporation, and Sentinel Acquisition Holdings Inc. (the "Merger Agreement"), these shares were canceled in exchange for a cash payment of $24.25 per share.
- [F2]Pursuant to the Merger Agreement, these shares were canceled in exchange for a cash payment of $24.25 per share.
- [F3]Under the Merger Agreement, this option, which provided for vesting in four equal annual installments beginning August 18, 2009, 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 January 4, 2011, was canceled in exchange for a cash payment representing the difference between $24.25 per share and the exercise price of the option.