BARTHELMES PATRICE 4
4 · ROHM & HAAS CO · Filed Apr 3, 2009
Insider Transaction Report
Form 4
BARTHELMES PATRICE
Vice President
Transactions
- Disposition to Issuer
Common Stock
2009-04-01$78.97/sh−21,125$1,668,241→ 0 total - Disposition to Issuer
Employee Stock Option
2009-04-01−6,650→ 0 totalExercise: $54.38Exp: 2018-03-03→ Common Stock (6,650 underlying) - Disposition to Issuer
Employee Stock Option
2009-04-01−3,314→ 0 totalExercise: $50.37Exp: 2016-03-01→ Common Stock (3,314 underlying) - Disposition to Issuer
Employee Stock Option
2009-04-01−4,700→ 0 totalExercise: $52.64Exp: 2017-03-01→ Common Stock (4,700 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of July 10, 2008, by and among Rohm and Haas Company (the "Issuer"), The Dow Chemical Company ("Dow") and Ramses Acquisition Corp., a wholly owned subsidiary of Dow (the "Merger Agreement"), on April 1, 2009, upon the effectiveness of the merger of Ramses Acquision Corp. with and into the Issuer (the "Merger"), each of the shares of Rohm and Haas Company's common stock and restricted stock units issued under the 2003 Rohm and Haas Company Restricted Stock Units Plan were cancelled and converted into the right to receive $78.97 in cash and less any applicable withholding taxes.
- [F2]When originally granted, this option provided for vesting in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]Pursuant to the Merger Agreement, each outstanding stock option to acquire Rohm and Haas Company's common stock, whether vested or not vested, that remained outstanding as of the effective time of the merger was cancelled and converted into the right to receive a cash payment equal to the amount of shares of Rohm and Haas Company's common stock underlying the option multiplied by the amount (if any) by which $78.97 exceeds the applicable exercise price of the option, less any applicable withholding taxes.