STEWART ENTERPRISES INC 4
4 · STEWART ENTERPRISES INC · Filed Dec 24, 2013
Insider Transaction Report
Form 4
KITCHEN THOMAS M
DirectorSVP and CFO
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$8.11/sh−80,000$648,800→ 0 totalExercise: $5.14Exp: 2016-12-16→ Common Stock (80,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$5.89/sh−220,000$1,295,800→ 0 totalExercise: $7.36Exp: 2022-12-12→ Common Stock (220,000 underlying) - Gift
Class A Common Stock
2013-11-25−28,500→ 423,122 total - Disposition to Issuer
Class A Common Stock
2013-12-23$13.25/sh−423,122$5,606,367→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$5.88/sh−60,000$352,800→ 0 totalExercise: $7.37Exp: 2014-05-14→ Common Stock (60,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$10.16/sh−80,000$812,800→ 0 totalExercise: $3.09Exp: 2016-01-05→ Common Stock (80,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$6.91/sh−70,000$483,700→ 0 totalExercise: $6.34Exp: 2017-12-08→ Common Stock (70,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$6.99/sh−220,000$1,537,800→ 0 totalExercise: $6.26Exp: 2021-12-06→ Common Stock (220,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$7.03/sh−150,000$1,054,500→ 0 totalExercise: $6.22Exp: 2017-12-08→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to merger agreement between issuer and Service Corporation International (the "Merger Agreement") in exchange for consideration of $13.25 per share.
- [F2]These options were cancelled pursuant to the Merger Agreement in exchange for consideration of $13.25 per share minus the option's exercise price.