EDWARDS BARRY L 4
4 · SOURCECORP INC · Filed Jul 13, 2006
Insider Transaction Report
Form 4
SOURCECORP INCSRCP
EDWARDS BARRY L
EVP & CFO
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−1,500$37,500→ 13,500 totalExercise: $23.70Exp: 2012-02-29→ Common Stock (1,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−69,300$1,732,500→ 0 totalExercise: $25.72Exp: 2012-03-13→ Common Stock (69,300 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−50,000$1,250,000→ 0 totalExercise: $36.19Exp: 2010-08-01→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2006-07-12$25.00/sh−52,520$1,313,000→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−20,000$500,000→ 0 totalExercise: $17.99Exp: 2013-05-21→ Common Stock (20,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−13,500$337,500→ 0 totalExercise: $23.70Exp: 2012-02-29→ Common Stock (13,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−7,500$187,500→ 0 totalExercise: $30.38Exp: 2011-01-24→ Common Stock (7,500 underlying) - Disposition to Issuer
Warrant to purchase Common Stock
2006-07-12$25.00/sh−35,800$895,000→ 0 totalExercise: $30.38Exp: 2011-01-24→ Common Stock (35,800 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger between issuer, CorpSource Holdings, LLC and CorpSource MergerSub, Inc. dated as of March 7, 2006, as amended (the "Merger Agreement").
- [F2]The options, which were fully vested prior to and independent of the merger contemplated by the Merger Agreement, were cancelled pursuant to the terms of the Merger Agreement in exchange for a cash payment in the aggregate of $159,700 representing the difference between the exercise price and the purchase price under the Merger Agreement ($25.00).