Palkovic Michael W 4
4 · DIRECTV GROUP INC · Filed Nov 23, 2009
Insider Transaction Report
Form 4
Palkovic Michael W
Exec. VP
Transactions
- Disposition to Issuer
Common Stock
2009-11-19−12,511→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Stock Option (right to buy)
2009-11-19−45,000→ 0 totalExercise: $34.01From: 2003-12-18Exp: 2010-06-02→ Common Stock (45,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2009-11-19−24,000→ 0 totalExercise: $20.45From: 2004-06-22Exp: 2011-06-23→ Common Stock (24,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2009-11-19−24,000→ 0 totalExercise: $41.06From: 2003-02-25Exp: 2010-02-26→ Common Stock (24,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2009-11-19−32,000→ 0 totalExercise: $27.37From: 2003-12-18Exp: 2011-02-02→ Common Stock (32,000 underlying)
Footnotes (4)
- [F1]Shares held in trust by State Street Bank and Trust Company, as Trustee of the DIRECTV Thrift and Savings Plan as of November 19, 2009. Shares owned pursuant to Rule 16b-3 exempt employee savings plan.
- [F2]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.
- [F3]Employee stock option granted pursuant to Rule 16b-3 qualified Hughes Electronics Corporation Incentive Plan .
- [F4]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.