4//SEC Filing
BOCA RESORTS INC 4
Accession 0001293788-04-000013
CIK 0001020905operating
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 5:44 PM ET
Size
31.4 KB
Accession
0001293788-04-000013
Insider Transaction Report
Form 4
JOHNSON GEORGE D JR
Director
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2004-12-10$13.63/sh−20,000$272,500→ 0 totalExercise: $10.38Exp: 2008-11-17→ Class A Common Stock (20,000 underlying) - Disposition to Issuer
Class A common stock
2004-12-10$24.00/sh−303,000$7,272,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Employee Stock Option (right to buy)
2004-12-10$10.45/sh−10,000$104,500→ 0 totalExercise: $13.55Exp: 2013-11-07→ Class A Common Stock (10,000 underlying) - Disposition to Issuer
Class A common stock
2004-12-10$24.00/sh−1,118,848$26,852,352→ 0 total(indirect: By Partnership) - Disposition to Issuer
Class A common stock
2004-12-10$24.00/sh−15,000$360,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Employee Stock Option (right to buy)
2004-12-10$14.00/sh−25,000$350,000→ 0 totalExercise: $10.00Exp: 2006-11-13→ Class A Common Stock (25,000 underlying)
Footnotes (9)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger, dated as of October 20,2004, between the Boca Resorts, Inc., Baton Holdings Inc. and Baton Acquisition Inc. in exchange for $24 per share on the effective date of the merger.
- [F2]This option, which provided for vesting in four equal annual installments beginning 11/07/04, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $104,500, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F3]This option, which provided for vesting in four equal annual installments beginning 11/19/03, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $128,400, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F4]This option, which provided for vesting in four equal annual installments beginning 11/05/02, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $146,800, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F5]This option, which provided for vesting in four equal annual installments beginning 11/02/01, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $103,125, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F6]This option, which provided for vesting in four equal annual installments beginning 11/15/00, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $145,000, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F7]This option, which provided for vesting in four equal annual installments beginning 11/17/99, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $272,500, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F8]This option, which provided for vesting in four equal annual installments beginning 11/17/98, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $48,750, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
- [F9]This option, which provided for vesting in four equal annual installments beginning 11/13/97, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $350,000, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Raton, Inc. on the effective date of the merger (i.e., $24 per share).
Documents
Issuer
BOCA RESORTS INC
CIK 0001020905
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001020905
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 5:44 PM ET
- Size
- 31.4 KB