COVANSYS CORP 4
4 · COVANSYS CORP · Filed Jul 5, 2007
Insider Transaction Report
Form 4
COVANSYS CORPCVNS
MACHTLEY RONALD K
Director
Transactions
- Disposition to Issuer
Common Stock Purchase Option
2007-07-02$34.00/sh−15,000$510,000→ 0 totalExercise: $2.50From: 2002-10-24Exp: 2012-10-24→ Common (15,000 underlying) - Disposition to Issuer
Common Stock Purchase Option
2007-07-02$34.00/sh−3,000$102,000→ 0 totalExercise: $3.36From: 2003-01-06Exp: 2013-01-06→ Common (3,000 underlying) - Disposition to Issuer
Common Stock Purchase Option
2007-07-02$34.00/sh−5,000$170,000→ 0 totalExercise: $14.13From: 2006-01-09Exp: 2016-01-09→ Common (5,000 underlying)
Footnotes (1)
- [F1]Disposed pursuant to merger agreement between issuer and Computer Sciences Corporation, dated April 25, 2007, in exchange for the right to recieve $34.00 per share.