rue21, inc. 4
4 · rue21, inc. · Filed Oct 11, 2013
Insider Transaction Report
Form 4
rue21, inc.RUE
HARTMAN BRUCE L
Director
Transactions
- Disposition to Issuer
Stock Options
2013-10-10$16.35/sh−12,500$204,375→ 0 totalExercise: $25.65Exp: 2020-09-28→ Common Stock (12,500 underlying) - Disposition to Issuer
Common Stock
2013-10-10$42.00/sh−16,194$680,148→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger by and among rue21, inc., Parent, and Rhodes Merger Sub, Inc., dated as of May 23, 2013 (the "Merger Agreement"), on the effective date of the merger contemplated by the Merger Agreement (the "Merger"), each of these shares of Common Stock and restricted stock units was automatically converted into the right to receive a cash payment of $42.00.
- [F2]Pursuant to the Merger Agreement, on the effective date of the Merger, each of these Stock Options, whether vested or unvested, was cancelled in exchange for a cash payment representing the excess of $42.00 over the exercise price of the Stock Option.