4//SEC Filing
SAFEWAY INC 4
Accession 0001209191-15-008362
CIK 0000086144operating
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 5:44 PM ET
Size
10.7 KB
Accession
0001209191-15-008362
Insider Transaction Report
Form 4
SAFEWAY INCSWY
Oder Kenneth W.
Director
Transactions
- Disposition to Issuer
Common Stock
2015-01-30−20,000→ 0 total - Disposition to Issuer
Phantom Stock Units
2015-01-30−72,891.055→ 0 totalFrom: 2015-01-30Exp: 2015-01-30→ Common Stock (72,891.055 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-01-30−20,000→ 0 totalExercise: $24.79→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Disposed of as of the effective date of the merger pursuant to the merger agreement dated as of March 6, 2014 among issuer, AB Acquisition LLC, Albertson's Holdings LLC, Albertson's LLC and Saturn Acquisition Merger Sub, Inc., as amended (the "merger agreement"). Upon the effective date of the merger each share of common stock became the right to receive the merger consideration consisting of: (i) a cash payment of $34.92, (ii) one contingent value right relating to issuer's interest in Casa Ley, S.A. de C.V. (a "Casa Ley CVR") and (iii) one contingent value right relating to any deferred consideration relating to the sale of the assets of issuer's real-estate development subsidiary Property Development Centers, LLC (a "PDC CVR"), less any applicable withholding taxes.
- [F2]The option originally vested in successive annual increments of 1/3 of the original number of shares subject to the option, beginning March 6, 2009. Pursuant to the merger agreement, each option, whether vested or unvested, was canceled as of the effective date of the merger in exchange for the right to receive for each share of common stock issuable upon exercise of the option (i) a cash payment of $34.92 less the exercise price per share of the option, (ii) one Casa Ley CVR and (iii) one PDC CVR, less any applicable withholding taxes.
- [F3]Each phantom stock unit represented the right to receive the cash value of the common stock on a 1-for-1 basis upon retirement from the Board or at a permissible time elected by the director. Pursuant to the merger agreement, each phantom stock unit was canceled as of the effective date of the merger in exchange for the right to receive (i) a cash payment of $34.92, (ii) one Casa Ley CVR and (iii) one PDC CVR.
Documents
Issuer
SAFEWAY INC
CIK 0000086144
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000086144
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 5:44 PM ET
- Size
- 10.7 KB