4//SEC Filing
SHAPIRO HOWARD 4
Accession 0001225208-11-009222
CIK 0001072341other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 9:58 PM ET
Size
23.4 KB
Accession
0001225208-11-009222
Insider Transaction Report
Form 4
PLAYBOY ENTERPRISES INCPLA, PLAA
SHAPIRO HOWARD
EVP, LawAdmin, GenCsl Sec
Transactions
- Disposition from Tender
Common-Class B
2011-03-04$6.15/sh−80,971$497,972→ 0 total - Disposition to Issuer
Common-Class B
2011-03-04$6.15/sh−11,042$67,908→ 80,971 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04−21,000→ 0 totalExercise: $14.50Exp: 2016-02-09→ Common-Class B (21,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04$0.43/sh−7,000$3,010→ 0 totalExercise: $5.72Exp: 2018-05-21→ Common-Class B (7,000 underlying) - Disposition from Tender
Common-Class A
2011-03-04$6.15/sh−15$92→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04−50,000→ 0 totalExercise: $10.00Exp: 2013-01-08→ Common-Class B (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04−21,000→ 0 totalExercise: $11.86Exp: 2015-01-21→ Common-Class B (21,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04−18,000→ 0 totalExercise: $14.48Exp: 2014-02-04→ Common-Class B (18,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04$4.90/sh−60,000$294,000→ 0 totalExercise: $1.25Exp: 2019-03-03→ Common-Class B (60,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-03-04−7,000→ 0 totalExercise: $10.61Exp: 2017-05-23→ Common-Class B (7,000 underlying)
Footnotes (5)
- [F1]Represents shares of Class A common stock that were tendered to Icon Merger Sub, Inc., a Delaware corporation ("Sub"), pursuant to Sub's offer to purchase for cash all of the outstanding shares of Class A common stock and Class B common stock of Playboy Enterprises, Inc., at a purchase price of $6.15 per share, upon the terms and subject to the conditions set forth in the Offer to Purchase, filed with the Securities and Exchange Commission on January 24, 2011, and in the related Letter of Transmittal (the "Offer"). Such shares were purchased by Sub pursuant to the Offer on March 4, 2011.
- [F2]Represents restricted stock units that vested and were cancelled at the effective time of the merger in exchange for a cash payment representing the number of units multiplied by the per share purchase price of $6.15, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 9, 2011, by and among Playboy Enterprises, Inc., a Delaware corporation, Icon Acquisition Holdings, L.P., a Delaware limited partnership, and Sub.
- [F3]Represents shares of Class B common stock that were tendered to Sub, pursuant to the Offer. Such shares were purchased by Sub pursuant to the Offer on March 4, 2011.
- [F4]This option was cancelled at the effective time of the merger and automatically ceased to exist without cash payment because the per share exercise price of such option was greater than $6.15, pursuant to the Merger Agreement.
- [F5]This option was cancelled at the effective time of the merger and automatically ceased to exist in exchange for a cash payment equal to (i) the excess of $6.15 over the per share exercise price of such option, multiplied by (ii) the number of shares covered by such option, pursuant to the Merger Agreement.
Documents
Issuer
PLAYBOY ENTERPRISES INC
CIK 0001072341
Entity typeother
Related Parties
1- filerCIK 0001190890
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 9:58 PM ET
- Size
- 23.4 KB