BOCA RESORTS INC 4
4 · BOCA RESORTS INC · Filed Dec 14, 2004
Insider Transaction Report
Form 4
ROCHON RICHARD C
Director
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2004-12-10$10.31/sh−150,000$1,546,875→ 0 totalExercise: $13.69Exp: 2010-11-02→ Class A Common Stock (150,000 underlying) - 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
Employee Stock Option (right to buy)
2004-12-10$14.68/sh−50,000$734,000→ 0 totalExercise: $9.32Exp: 2011-11-05→ Class A Common Stock (50,000 underlying) - 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 (8)
- [F1]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 Resorts, Inc. on the effective date of the merger (i.e., $24 per share).
- [F2]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 Resorts, 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 11/05/02, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $734,000, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Resorts, 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 11/02/01, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $1,546,875, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Resorts, 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 1/03/01, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $2,137,500, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Resorts, 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 1/02/99, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $1,012,500, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Resorts, 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 4/04/98, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $47,000, representing the difference between the exercise price of the option and the market value of the underlying Class A common stock of Boca Resorts, 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 11/13/97, 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 Resorts, Inc. on the effective date of the merger (i.e., $24 per share).