4//SEC Filing
Bennett Ned W 4
Accession 0001209191-11-046344
CIK 0001299688other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 5:31 PM ET
Size
16.2 KB
Accession
0001209191-11-046344
Insider Transaction Report
Form 4
Bennett Ned W
DirectorExecutive Vice Chairman
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-09-01−44,899→ 0 totalExercise: $23.99Exp: 2016-02-28→ Common Stock (44,899 underlying) - Disposition to Issuer
Common Stock
2011-09-01−1,247,265→ 0 total(indirect: By Whiskey Golf Investments LP) - Disposition to Issuer
Common Stock
2011-09-01−64,612→ 0 total - Disposition to Issuer
Common Stock
2011-09-01−177,718→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Option (Right to Buy)
2011-09-01−15,394→ 0 totalExercise: $18.18Exp: 2017-03-07→ Common Stock (15,394 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-09-01−3,208→ 0 totalExercise: $0.75Exp: 2013-03-01→ Common Stock (3,208 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the terms of the Agreement and Plan of Merger dated as of March 18, 2011 (the "Merger Agreement"), by and among The Charles Schwab Corporation ("Schwab"), and Neon Acquisition Corp., a newly formed, wholly-owned subsidiary of Schwab, and the Issuer. Each share of Common Stock of the Issuer held outright shall be cancelled in exchange for 1.02 shares of Schwab common stock.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]All of these options were exercisable. The options that were not otherwise exercisable pursuant to the terms of the grant of such options vested in connection with the consummation of the transactions contemplated by the Merger Agreement pursuant to the terms of Mr. Bennett's equity arrangements with the Issuer.
- [F4]All outstanding options were assumed by Schwab pursuant to the Merger Agreement
- [F5]Per Instruction 4(c)(iii), this column is to be left blank.
- [F6]All of these options were exercisable.
Documents
Issuer
optionsXpress Holdings, Inc.
CIK 0001299688
Entity typeother
Related Parties
1- filerCIK 0001315493
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 5:31 PM ET
- Size
- 16.2 KB