Drew Alexander 4
4 · SOTERA DEFENSE SOLUTIONS, INC. · Filed Apr 4, 2011
Insider Transaction Report
Form 4
Drew Alexander
PRESIDENT, THE ANALYSIS CORP.
Transactions
- Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$7.94/sh−6,000$47,640→ 0 totalExercise: $16.31Exp: 2021-03-01→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock Option (Right to Buy)
2011-04-04$10.77/sh−15,000$161,550→ 0 totalExercise: $13.48Exp: 2020-02-26→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]On February 26, 2010, the Reporting Person received an option for 20,000 shares, which provided for vesting in four equal annual installments beginning February 26, 2011. On March 7, 2011, the Reporting Person exercised his rights with respect to all 5,000 of the then vested options. Under 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"), the remainder of this option 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 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.