Palludan Nina 4
4 · LACROSSE FOOTWEAR INC · Filed Aug 16, 2012
Insider Transaction Report
Form 4
Palludan Nina
Sr. VP, Operations
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2012-08-16$7.32/sh−5,000$36,600→ 0 totalExercise: $12.68Exp: 2021-10-09→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-08-16$7.48/sh−5,000$37,400→ 0 totalExercise: $12.52Exp: 2022-02-06→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-08-16$7.20/sh−3,000$21,600→ 0 totalExercise: $12.80Exp: 2022-01-03→ Common Stock (3,000 underlying)
Footnotes (3)
- [F1]The option, which provided for vesting in four equal annual installments beginning on October 9, 2011, fully vested immediately prior to the closing of the merger and was cancelled pursuant to a merger agreement between the issuer, ABC-MART, INC., a corporation formed under the laws of Japan, and XYZ Merger Sub, Inc., a Wisconsin corporation, dated as of July 5, 2012 (the "merger agreement"), and converted into the right to receive cash in the amount of $36,600.00, without interest and subject to deduction for any withholding taxes, representing the difference between the exercise price of the option and the price paid per common share in the merger ($20.00).
- [F2]The option, which provided for vesting in four equal annual installments beginning on January 3, 2012, fully vested immediately prior to the closing of the merger and was cancelled pursuant to the merger agreement and converted into the right to receive cash in the amount of $21,600.00, without interest and subject to deduction for any withholding taxes, representing the difference between the exercise price of the option and the price paid per common share in the merger ($20.00).
- [F3]The option, which provided for vesting in four equal annual installments beginning on February 6, 2012, fully vested immediately prior to the closing of the merger and was cancelled pursuant to the merger agreement and converted into the right to receive cash in the amount of $37,400.00, without interest and subject to deduction for any withholding taxes, representing the difference between the exercise price of the option and the price paid per common share in the merger ($20.00).