FRIENDLY ICE CREAM CORP 4

Accession 0001282520-07-000020

CIK 0000039135operating

View on SEC.gov Company Profile

Filed

Sep 30, 8:00 PM ET

Accepted

Oct 1, 12:19 PM ET

Size

19.9 KB

Accession

0001282520-07-000020

Insider Transaction Report

Form 4

Period: 2007-08-30

FRIENDLY ICE CREAM CORPfrn

DALY MICHAEL J

Director

Transactions

Disposition to Issuer
Common Stock
2007-08-30−14,200→ 0 total
Disposition to Issuer
Stock Options
2007-08-30$6.50/sh−3,000$19,500→ 0 total
Exercise: $9.00Exp: 2008-10-22→ Common Stock (3,000 underlying)
Disposition to Issuer
Stock Options
2007-08-30$13.10/sh−5,000$65,500→ 0 total
Exercise: $2.40Exp: 2011-07-25→ Common Stock (5,000 underlying)
Disposition to Issuer
Stock Options
2007-08-30$5.69/sh−4,500$25,605→ 0 total
Exercise: $9.81Exp: 2010-11-02→ Common Stock (4,500 underlying)
Disposition to Issuer
Stock Options
2007-08-30$9.75/sh−2,150$20,963→ 0 total
Exercise: $5.75Exp: 2009-04-20→ Common Stock (2,150 underlying)

Footnotes (7)

[F1]Disposed in connection with the merger of the issuer with Freeze Operations, Inc. pursuant to that certain agreement and plan of merger dated June 17, 2007, by and among the issuer, Freeze Operations Holding Corp. and Freeze Operations, Inc. (the "Merger"), in exchange for the right to receive a cash payment equal to $15.50 per share.
[F2]These options became fully vested on December 20, 2004, and were cancelled in connection with the Merger in exchange for a cash payment of $20,962.50, representing the difference between the exercise price of the options and $15.50 per share.
[F3]These options became fully vested on December 20, 2004, and were cancelled in connection with the Merger in exchange for a cash payment of $65,500.00, representing the difference between the exercise price of the options and $15.50 per share.
[F4]These options became fully vested on December 20, 2004, and were cancelled in connection with the Merger in exchange for a cash payment of $19,500.00, representing the difference between the exercise price of the options and $15.50 per share.
[F5]These options became fully vested on December 20, 2004, and were cancelled in connection with the Merger in exchange for a cash payment of $17,370.00, representing the difference between the exercise price of the options and $15.50 per share.
[F6]These options, which provided for vesting in three equal annual installments commencing on November 2, 2006, were accelerated and became fully vested, and were cancelled in conneciton with the Merger in exchange for a cash payment of $25,605.00, representing the difference between the exercise price of the options and $15.50 per share.
[F7]These options, which provided for vesting in three equal annual installments commencing on November 1, 2007, were accelerated and became fully vested, and were cancelled in connection with the Merger in exchange for a cash payment of $24,450.00, representing the difference between the exercise price of the options and $15.50 per share.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

FRIENDLY ICE CREAM CORP

CIK 0000039135

→

Entity typeoperating

IncorporatedMA

Related Parties

filerCIK 0000039135

Filing Metadata

Form type: 4
Filed: Sep 30, 8:00 PM ET
Accepted: Oct 1, 12:19 PM ET
Size: 19.9 KB

View on SEC.gov