STEWART ENTERPRISES INC 4
4 · STEWART ENTERPRISES INC · Filed Dec 24, 2013
Insider Transaction Report
Form 4
STEPHENS G KENNETH JR
SVP & Pres - West. Div.
Transactions
- Gift
Class A Common Stock
2013-12-20−17,950→ 68,330 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$6.99/sh−50,000$349,500→ 0 totalExercise: $6.26Exp: 2021-12-06→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$7.03/sh−60,000$421,800→ 0 totalExercise: $6.22Exp: 2017-12-08→ Common Stock (60,000 underlying) - Gift
Class A Common Stock
2013-12-19−34,483→ 86,280 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$5.89/sh−50,000$294,500→ 0 totalExercise: $7.36Exp: 2022-12-12→ Common Stock (50,000 underlying) - Gift
Class A Common Stock
2013-12-16−23,336→ 120,763 total - Disposition to Issuer
Class A Common Stock
2013-12-23$13.25/sh−4,808$63,706→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$10.16/sh−50,000$508,000→ 0 totalExercise: $3.09Exp: 2016-01-05→ Common Stock (50,000 underlying) - Disposition to Issuer
Class A Common Stock
2013-12-23$13.25/sh−68,330$905,373→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$4.78/sh−15,000$71,700→ 0 totalExercise: $8.47Exp: 2014-12-19→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-12-23$8.11/sh−50,000$405,500→ 0 totalExercise: $5.14Exp: 2016-12-16→ Common Stock (50,000 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.