Home/Filings/4/0001294441-04-000013
4//SEC Filing

HUIZENGA H WAYNE 4

Accession 0001294441-04-000013

CIK 0001020905other

Filed

Dec 13, 7:00 PM ET

Accepted

Dec 14, 5:30 PM ET

Size

28.4 KB

Accession

0001294441-04-000013

Insider Transaction Report

Form 4
Period: 2004-12-10
HUIZENGA H WAYNE
DirectorChairman of the Board & CEO10% Owner
Transactions
  • Disposition to Issuer

    Class B common stock

    2004-12-10$24.00/sh255,000$6,120,0000 total
  • Disposition to Issuer

    Class A common stock

    2004-12-10$24.00/sh100,100$2,402,4000 total(indirect: By Spouse)
  • Disposition to Issuer

    Class A common stock

    2004-12-10$24.00/sh397,202$9,532,8480 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$10.45/sh150,000$1,567,5000 total
    Exercise: $13.55Exp: 2013-11-07Class A Common Stock (150,000 underlying)
  • Disposition to Issuer

    Class A common stock

    2004-12-10$24.00/sh6,033,494$144,803,8560 total(indirect: By Partnership)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$12.84/sh250,000$3,210,0000 total
    Exercise: $11.16Exp: 2012-11-19Class A Common Stock (250,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$10.31/sh350,000$3,609,3750 total
    Exercise: $13.69Exp: 2010-11-02Class A Common Stock (350,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2004-12-10$14.00/sh100,000$1,400,0000 total
    Exercise: $10.00Exp: 2006-11-13Class A Common Stock (100,000 underlying)
Footnotes (8)
  • [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 $1,567,500, 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).
  • [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 $3,210,000, 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 11/05/02, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $3,670,000, 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).
  • [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 $3,609,375, 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 1/04/00, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $5,140,625, 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 1/02/99, the first anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $2,362,500, 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).
  • [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 $1,400,000, 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 typeother

Related Parties

1
  • filerCIK 0000917702

Filing Metadata

Form type
4
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 5:30 PM ET
Size
28.4 KB