PROVIDENCE & WORCESTER RAILROAD CO/RI/ 4
4 · PROVIDENCE & WORCESTER RAILROAD CO/RI/ · Filed Nov 2, 2016
Insider Transaction Report
Form 4
McQuade David J
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2016-11-01$5.45/sh−110$600→ 0 totalExercise: $19.55From: 2014-07-02Exp: 2024-01-02→ Common Stock (110 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-11-01$6.91/sh−120$829→ 0 totalExercise: $18.09From: 2015-07-02Exp: 2025-01-02→ Common Stock (120 underlying) - Disposition to Issuer
Common Stock
2016-11-01$25.00/sh−2,600$65,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2016-11-01$8.51/sh−1,000$8,510→ 0 totalExercise: $16.49From: 2017-01-18Exp: 2026-01-18→ Common Stock (1,000 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the Merger Agreement, dated August 12, 2016 (the "Merger Agreement"), among Providence and Worcester Railroad Company (the "Company"), Genesee & Wyoming Inc. ("G&W"), and Pullman Acquisition Sub Inc. ("Pullman"), whereby Pullman merged with and into the Company, whereupon the separate corporate existence of Pullman ceased and the Company became a wholly-owned subsidiary of G&W, in exchange for $25.00 per share in cash.
- [F2]This option was cancelled pursuant to the terms of the Merger Agreement.
- [F3]The reporting person received $8,510.00 as consideration for the cancellation.
- [F4]The reporting person received $829.20 as consideration for the cancellation.
- [F5]The reporting person received $599.50 as consideration for the cancellation.