Home/Filings/4/0001294441-04-000011
4//SEC Filing

BOCA RESORTS INC 4

Accession 0001294441-04-000011

CIK 0001020905operating

Filed

Dec 13, 7:00 PM ET

Accepted

Dec 14, 3:59 PM ET

Size

24.3 KB

Accession

0001294441-04-000011

Insider Transaction Report

Form 4
Period: 2004-12-10
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$10.31/sh150,000$1,546,8750 total
    Exercise: $13.69Exp: 2010-11-02Class A Common Stock (150,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$10.45/sh10,000$104,5000 total
    Exercise: $13.55Exp: 2013-11-07Class A Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$14.68/sh50,000$734,0000 total
    Exercise: $9.32Exp: 2011-11-05Class A Common Stock (50,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$14.00/sh25,000$350,0000 total
    Exercise: $10.00Exp: 2006-11-13Class 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).

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, 3:59 PM ET
Size
24.3 KB