NUSSBAUM BENNETT 4
4 · WINN DIXIE STORES INC · Filed Mar 13, 2012
Insider Transaction Report
Form 4
NUSSBAUM BENNETT
SVP and CFO
Transactions
- Disposition to Issuer
Common Stock
2012-03-09$9.50/sh−125,157$1,188,992→ 44,180 total - Disposition to Issuer
Option
2012-03-09$3.26/sh−23,266$75,847→ 0 totalExercise: $6.24Exp: 2018-11-09→ Common Stock (23,266 underlying) - Award
Common Stock
2012-03-09+18,503→ 150,492 total - Award
Common Stock
2012-03-09+18,845→ 169,337 total - Disposition to Issuer
Option
2012-03-09$5.39/sh−27,412$147,751→ 0 totalExercise: $7.11Exp: 2017-11-10→ Common Stock (27,412 underlying) - Disposition to Issuer
Common Stock
2012-03-09$9.50/sh−44,180$419,710→ 0 total - Award
Common Stock
2012-03-09+15,363→ 98,679 total - Award
Common Stock
2012-03-09+12,310→ 110,989 total - Award
Common Stock
2012-03-09+21,000→ 131,989 total
Footnotes (5)
- [F1]Represents acceleration of performance based RSUs pursuant to the terms of the Restricted Stock Unit Award Agreement.
- [F2]On March 9, 2012 Winn-Dixie Stores, Inc. was acquired by BI-LO, LLC with BI-LO paying $9.50 for each share of Winn-Dixie common stock outstanding (the Merger). Dispositions by reporting person in the Merger were approved in advance by the Winn-Dixie board of directors.
- [F3]In connection with the terms of the Merger, restricted stock units held by reporting person were converted into the $9.50 per share merger consideration.
- [F4]In connection with the terms of the Merger, common shares held by reporting person subject were converted into the $9.50 per share merger consideration.
- [F5]In connection with the terms of the Merger, each stock option was cancelled and reporting person received consideration equal to the number of shares subject of the option multiplied by the difference between the exercise price and $9.50, with no consideration being paid for stock options having exercise prices greater than $9.50.