LEXMARK INTERNATIONAL INC /KY/ 4
4 · LEXMARK INTERNATIONAL INC /KY/ · Filed Nov 30, 2016
Insider Transaction Report
Form 4
FIELDS WILLIAM R
Director
Transactions
- Disposition to Issuer
Non Employee Director Stock Option
2016-11-29−10,100→ 0 totalExercise: $30.91From: 2009-04-24Exp: 2018-04-24→ Class A Common Stock (10,100 underlying) - Disposition to Issuer
Class A Common Stock
2016-11-29−43,255→ 0 total - Disposition to Issuer
Deferred Stock Units
2016-11-29−913→ 0 total→ Class A Common Stock (913 underlying) - Disposition to Issuer
Non Employee Director Stock Option
2016-11-29−4,800→ 0 totalExercise: $54.85From: 2008-04-26Exp: 2017-04-26→ Class A Common Stock (4,800 underlying)
Footnotes (4)
- [F1]Represents shares of Class A Common Stock and restricted stock units, including associated dividend equivalent units, disposed of pursuant to the agreement and plan of merger (the "Merger Agreement") by and among the issuer, Ninestar Holdings Company Limited, Ninestar Group Company Limited, Ninestar Lexmark Company Limited and Apex Technology Co., Ltd. in exchange for $40.50 cash per share, without interest.
- [F2]Represents deferred stock units, including associated dividend equivalent units, disposed of pursuant to the Merger Agreement in exchange for $40.50 cash per share, without interest.
- [F3]Pursuant to the Merger Agreement, this option, which vested and became exercisable in three equal annual installments (34%, 34% and 33%), commencing on April 24, 2009, was cancelled in exchange for a cash payment equal to the product of (a) the total number of shares of common stock subject to that option, multiplied by (b) the excess of $40.50 over the exercise price of such option.
- [F4]Pursuant to the Merger Agreement, this option, which vested and became exercisable in three equal annual installments (34%, 34% and 33%), commencing on April 26, 2008, was cancelled without payment because the exercise price of the option exceeded the merger consideration of $40.50 per share.