DIRECTV GROUP INC 4
4 · DIRECTV GROUP INC · Filed Nov 23, 2009
Insider Transaction Report
Form 4
LUND PETER A
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-11-19−5,000→ 0 totalExercise: $16.54From: 2003-12-22Exp: 2012-01-08→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2009-11-19−23,620→ 0 total - Disposition to Issuer
Restricted Stock Unit
2009-11-19−12,334→ 0 total→ Common Stock (12,334 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of May 3, 2009 as amended, by and among The DIRECTV Group, Inc. ("DIRECTV Group"), Liberty Media Corporation, Liberty Entertainment, Inc. ("LEI"), DIRECTV, DTVG One, Inc. and DTVG Two, Inc., the holders of outstanding shares of DIRECTV Group common stock (other than direct or indirect subsidiaries of LEI) received one share of DIRECTV Class A common stock for each share of DIRECTV Group common stock held.
- [F2]Restricted stock units issued under the Hughes Electronics Corporation Plan for Non-Employee Directors. These restricted stock units are payable in cash at the time the Reporting Person ceases to be a member of the Board of Directors.
- [F3]Pursuant to the Merger Agreement, each outstanding restricted stock unit with respect to shares of DIRECTV Group common stock was converted into a restricted stock unit with respect to the number of shares of DIRECTV Class A common stock on the same terms and conditions (including applicable vesting requirements, any accelerated vesting thereof and deferral provisions) as applied to each such DIRECTV Group restricted stock unit immediately prior to the effective time of the mergers.
- [F4]Stock option grant issued under the Hughes Electronics Corporation Plan for Non-Employee Directors.
- [F5]Pursuant to the Merger Agreement, each option to purchase shares of DIRECTV Group common stock that was outstanding immediately prior to the effective time of the mergers was converted into an option to purchase the same number of shares of DIRECTV Class A common stock on the same terms and conditions (including applicable vesting requirements and any accelerated vesting thereof) as applied to each such DIRECTV Group option immediately prior to the effective time of the mergers.