FISHER COMMUNICATIONS INC 4
4 · FISHER COMMUNICATIONS INC · Filed Aug 9, 2013
Insider Transaction Report
Form 4
Natha Hassan N
VP Fin & Chief Acctg. Off
Transactions
- Disposition to Issuer
Common Stock
2013-08-08−15,507→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-08-08−1,080→ 0 totalExercise: $16.71Exp: 2021-03-01→ Common Stock (1,080 underlying) - Disposition to Issuer
Common Stock
2013-08-08−1,300→ 15,507 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-08-08−1,019→ 0 totalExercise: $6.00Exp: 2019-03-11→ Common Stock (1,019 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-08-08−1,399→ 0 totalExercise: $38.76Exp: 2023-03-27→ Common Stock (1,399 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-08-08−1,800→ 0 totalExercise: $5.88Exp: 2020-03-09→ Common Stock (1,800 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-08-08−1,700→ 0 totalExercise: $20.80Exp: 2022-03-13→ Common Stock (1,700 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-08-08−2,000→ 0 totalExercise: $12.98Exp: 2018-12-09→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of April 11, 2013, by and among Fisher Communications, Inc. (the "Company"), Sinclair Broadcast Group, Inc. and Sinclair Television of Seattle, Inc. (the "Merger Agreement"), in exchange for a cash payment of $41.00 per share.
- [F2]Pursuant to the Merger Agreement, each outstanding and unexercised option, whether vested or unvested, was canceled and converted into the right to receive an amount in cash determined by multiplying the excess, if any, of $41.00 over the applicable exercise price per share of such option by the number of shares of the Company's Common Stock subject to such option, except for options granted during the calendar year 2013.
- [F3]Pursuant to the Merger Agreement, each outstanding and unexercised option granted during calendar year 2013 vested on a partial basis as provided in the applicable stock option agreement and was converted into the right to receive an amount in cash determined by multiplying the excess, if any, of $41.00 over the applicable exercise price per share of such option by the number of shares of the Company's Common Stock subject to the vested portion of such option.