Jones Timothy 4
4 · SOTERA DEFENSE SOLUTIONS, INC. · Filed Apr 4, 2011
Insider Transaction Report
Form 4
Jones Timothy
VP AND GENERAL MANAGER
Transactions
- Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$10.77/sh−20,000$215,400→ 0 totalExercise: $13.48Exp: 2020-02-26→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$9.87/sh−32,789$323,627→ 0 totalExercise: $14.38Exp: 2019-04-30→ Common Stock (32,789 underlying) - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$7.94/sh−8,000$63,520→ 0 totalExercise: $16.31Exp: 2021-03-01→ Common Stock (8,000 underlying)
Footnotes (3)
- [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"), this option, which provided for vesting in four equal annual installments beginning April 30, 2010, was canceled in exchange for a cash payment representing the difference between $24.25 per share and the exercise price of the option.
- [F2]Under the Merger Agreement, this option, which provided for vesting in four equal annual installments beginning February 26, 2011, 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 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.