PHILLIPS CHARLES G 4
4 · CALIFORNIA PIZZA KITCHEN, INC. · Filed Jul 12, 2011
Insider Transaction Report
Form 4
PHILLIPS CHARLES G
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2011-07-07$11.00/sh−5,507$60,577→ 0 totalExercise: $7.50Exp: 2018-11-12→ Common Stock (5,507 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2011-07-07$2.82/sh−22,500$63,450→ 0 totalExercise: $15.68Exp: 2012-07-03→ Common Stock (22,500 underlying) - Disposition from Tender
Common Stock
2011-07-07$18.50/sh−47,759$883,542→ 1,284 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2011-07-07$6.83/sh−15,000$102,450→ 0 totalExercise: $11.67Exp: 2013-08-27→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2011-07-07$18.50/sh−1,284$23,754→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2011-07-07$2.62/sh−15,000$39,300→ 0 totalExercise: $15.88From: 2005-11-10Exp: 2014-11-10→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]The option provided for 1/3 vesting beginning on November 12, 2009 and annually thereafter. The vesting was accelerated to July 7, 2011 pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated May 24, 2011, among the Registrant, CPK Holdings Inc. and CPK Merger Sub Inc.
- [F2]The reporting person received cash consideration for the cancellation of the option pursuant to the Merger Agreement equal to the number of shares of the Registrant's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $18.50 in accordance with the Merger Agreement.
- [F3]The option provided for 1/3 vesting beginning on August 27, 2004 and annually thereafter.
- [F4]The option provided for 1/2 vesting on July 3, 2003 and annually thereafter.