HERTZKE BRUCE D 4
4 · GEHL CO · Filed Oct 24, 2008
Insider Transaction Report
Form 4
GEHL COGEHL
HERTZKE BRUCE D
Director
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2008-10-21−3,000→ 0 totalExercise: $16.36Exp: 2018-04-27→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]These options were granted on 4/28/2008 to the reporting person under the Gehl Company 2004 Equity Incentive Plan.
- [F2]These options are subject to a three-year period following the date of grant during which such options vest and become exercisable on a cumulative basis with respect to one-third of the shares covered by the options each year. The options are subject to immediate vesting following the occurrence of certain events.
- [F3]Immediately prior to the acceptance by Tenedor Corporation ("Tenedor") for payment of the shares tendered pursuant to the tender offer (the "Tender Offer") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated September 7, 2008, among Manitou BF S.A., Tenedor and Gehl Company, each outstanding stock option, restricted stock or stock appreciation right award held by the reporting person was cancelled and converted into the right to receive from Gehl Company an amount equal to (a) the number shares previously underlying such award, multiplied by (b) $30.00 per share, less the exercise price, if any, of the award.
- [F4]These options were granted on 4/30/2007 to the reporting person under the Gehl Company 2004 Equity Incentive Plan.