AMERICAN GREETINGS CORP 4
4 · AMERICAN GREETINGS CORP · Filed Aug 13, 2013
Insider Transaction Report
Form 4
Beeder John W
Senior Vice President
Transactions
- Disposition to Issuer
Class A Common Shares
2013-08-09$19.00/sh−4,420$83,980→ 0 total - Disposition to Issuer
Class A Common Shares
2013-08-09$19.00/sh−65,823.274$1,250,642→ 0 total(indirect: By Deferred Comp.) - Disposition to Issuer
Stock Option
2013-08-09−21,875→ 0 totalExercise: $24.69From: 2012-05-03Exp: 2020-05-03→ Class A Common Shares (21,875 underlying)
Footnotes (4)
- [F1]Represents the number of shares disposed of pursuant to merger agreement among issuer, Century Intermediate Holding Company and Century Merger Company (the "Merger Agreement") in exchange for a cash payment of $19.00 per share.
- [F2]Excludes any shares underlying restricted stock units or performance share units. These units remain outstanding and subject to existing vesting and other terms, but now represent the right to be settled in cash rather than shares in accordance with the terms of the Merger Agreement.
- [F3]Disposed of pursuant to Merger Agreement in exchange for a cash payment of $19.00 per share, such payment remaining subject to the provisions of the reporting person's underlying deferred compensation agreement(s).
- [F4]These options were cancelled pursuant to the Merger Agreement for a cash payment to be calculated based on the application of the Black-Scholes valuation applying certain assumptions as set forth in the Merger Agreement.