Merritt John H 4
4 · Pike Electric CORP · Filed Jun 30, 2006
Insider Transaction Report
Form 4
Merritt John H
Vice President, Operations
Transactions
- Sale
Common Stock
2006-06-29$19.50/sh−31,500$614,250→ 53,488 total - Sale
Common Stock
2006-06-28$19.50/sh−66,241$1,291,700→ 53,488 total - Exercise/Conversion
Option to buy
2006-06-28−66,241→ 165,137 totalExercise: $3.80Exp: 2012-04-18→ Common Stock (66,241 underlying) - Exercise/Conversion
Common Stock
2006-06-28$3.80/sh+66,241$251,716→ 119,729 total - Exercise/Conversion
Option to buy
2006-06-29−31,500→ 133,637 totalExercise: $3.80Exp: 2012-04-18→ Common Stock (31,500 underlying) - Exercise/Conversion
Common Stock
2006-06-29$3.80/sh+31,500$119,700→ 84,988 total
Holdings
- 61,904
Option to buy
Exercise: $6.51Exp: 2014-10-21→ Common Stock (61,904 underlying) - 38,690
Option to buy
Exercise: $14.00Exp: 2015-08-01→ Common Stock (38,690 underlying)
Footnotes (4)
- [F1]These shares of common stock were sold pursuant to a Rule 10b5-1 Sales Plan.
- [F2]All of such options are currently vested and exercisable.
- [F3]These options vest in equal annual installments over the five-year period following August 1, 2005.
- [F4]Of the 61,904 options held, 26,155 are currently vested and exercisable, 5,219 will vest on October 21, 2006, 15,265 will vest on October 21, 2007 and 15,265 will vest on October 21, 2008.