4//SEC Filing
Susser Holdings CORP 4
Accession 0001361709-14-000107
CIK 0001361709operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 7:29 PM ET
Size
7.9 KB
Accession
0001361709-14-000107
Insider Transaction Report
Form 4
STEINHART RONALD G
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2014-08-29−25,600→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2014-08-29$70.05/sh−9,439$661,202→ 0 totalExercise: $11.67Exp: 2019-09-16→ Common Stock (9,439 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement (the "merger agreement") between issuer and Energy Transfer Partners, L.P. (NYSE: ETP). Pursuant to the merger agreement, stockholders of the Issuer received, for each share of Common Stock they owned as of immediately prior to the merger, a combination of $40.125 in cash and 0.7253 of an ETP common unit (the "standard mix"). Instead of the standard mix, stockholders could elect to receive $80.25 in cash or to receive 1.4506 ETP common units, for each share of Common Stock owned immediately prior to the merger, subject to potential proration per the terms of the merger agreement.
- [F2]One-half of these stock options vested on September 16, 2013, and the remaining one-half was scheduled to vest on September 16, 2014
- [F3]Pursuant to merger agreement, each award of stock options outstanding immediately prior to the effective time of the merger, whether or not vested, became fully vested and was converted into the right to receive a cash payment equal to (a) the number of shares of the Issuer's Common Stock subject to the stock option, multiplied by (b) the excess, if any, of $81.72 , over the exercise price per share of the Issuer's Common Stock subject to such option, less any applicable withholding or other taxes.
Documents
Issuer
Susser Holdings CORP
CIK 0001361709
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001361709
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 7:29 PM ET
- Size
- 7.9 KB